Postal ballot results: Independent director appointed, WTD remuneration revised

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Price reactionminutes from the announcement price · days from the prior close

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prior close

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announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.1%-0.6% vs market

Auto Components & Equipments peers, median of 110sector+0.2%-0.7% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty 100 and 0.7 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Samvardhana Motherson International has announced results of its postal ballot. Members approved the appointment of Mr. Dinesh Kumar Khara as Independent Director with 99.92 percent votes in favour. They also approved revision in remuneration of Whole-time Director Mr. Pankaj Mital with 99.64 percent votes in favour. Both resolutions passed with the required majority on December 21, 2025. Voting was through remote e-voting and scrutinised by SGS Associates LLP.

Likely market impact

New independent director Dinesh Kumar Khara joins the board. WTD Pankaj Mital's remuneration revised upward. Both passed with very high majority.