Samvardhana Motherson shareholders approve all resolutions at 38th AGM

Samvardhana Motherson International Limited announced that all ten resolutions passed successfully at its 38th Annual General Meeting (AGM), held on August 28, 2025. The meeting, conducted through video conferencing, saw significant shareholder participation.

The adoption of financial statements for the fiscal year ended March 31, 2025, received 99.9621% votes in favor. The declaration of a final dividend of Re. 0.35 per equity share garnered 99.9998% approval.

Key appointments and approvals also received strong support. The re-appointment of Pankaj Mital as a director passed with 99.7832% in favor. Approving the appointment of secretarial auditors received 99.9997% votes, and ratifying the remuneration of cost auditors for fiscal year 2025-26 passed with 99.9996% approval.

Resolutions concerning related party transactions and corporate guarantees also passed. A material related party transaction with Motherson Sumi Wiring India Limited received 98.1378% votes in favor, with related parties abstaining from voting. Approving limits under Section 186 of the Companies Act, 2013, passed with 90.3094% approval. A parent corporate guarantee for CIM Tools Private Limited saw 99.9996% in favor.

Additionally, the appointments of Vivek Chaand Sehgal and Laksh Vaaman Sehgal to offices of profit in overseas wholly-owned subsidiaries received 98.4750% and 98.4293% in favor, respectively.