Naveen Ganzu concludes tenure as Samvardhana Motherson independent director

Samvardhana Motherson International Limited announced that Naveen Ganzu has completed his second consecutive term as an independent director, effective October 13, 2025. This cessation is in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's board of directors expressed deep appreciation for Ganzu's invaluable contributions and guidance throughout his tenure. The completion of two consecutive five-year terms aligns with Section 149 of the Companies Act, 2013, which stipulates that an independent director may hold office for a maximum of two such terms.

Further disclosures, as required under Regulation 30 of SEBI Listing Regulations, as amended, and Clause 7 of Para A of Part A of Schedule III, along with SEBI Master Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024, have been provided. The reason for cessation is explicitly stated as the completion of his two consecutive terms.