Sandhar Technologies boosts capital, reappoints chairman

Sandhar Technologies Limited has announced that its members, at a meeting held on September 19, 2025, approved an increase in the authorized share capital and an alteration in the capital clause of the Memorandum of Association. The new authorized share capital will be INR 80,00,00,000, divided into 7,80,00,000 equity shares of INR 10 each and 2,00,000 preference shares of INR 100 each, pending approval from the Registrar of Companies.

In a separate disclosure on the same date, the company confirmed the re-appointment of Jayant Davar as executive chairman (executive director) & chief executive officer for a further term of five years, effective January 1, 2026. Davar, a mechanical engineering graduate and alumnus of Harvard Business School, has been instrumental in the company's growth for over four decades.

This re-appointment was approved at the 33rd annual general meeting on September 19, 2025, based on the recommendation of the nomination and remuneration committee and the board of directors. The disclosures align with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated November 11, 2024.