On 19th September 2025, Sandhar Technologies Limited (STL) announced that its shareholders, during the 33rd Annual General Meeting (AGM), approved the reappointment of Shri Jayant Davar as the Executive Chairman (Executive Director) and Chief Executive Officer of the company. The reappointment is for a further term of five years effective from 1st January 2026, based on the recommendation of the Nomination and Remuneration Committee and the approval of the company’s Board of Directors.

Details of the Reappointment

According to the company’s regulatory filing with BSE and NSE under Regulation 30 of SEBI LODR Regulations, 2015, the reappointment of Shri Jayant Davar (DIN: 00100801) will be valid until 31st December 2030. This move ensures continuity in leadership at a time when Sandhar Technologies is pursuing sustained growth in the auto components industry.

The company clarified that the decision was formally approved by members during the AGM held on 19th September 2025. The details were also disclosed in compliance with the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024.

Profile of Jayant Davar

Shri Jayant Davar is the Founder, Chairman, Managing Director, and CEO of Sandhar Technologies Limited. He holds a Bachelor’s degree in Mechanical Engineering from Thapar Institute of Engineering & Technology, Patiala, where he was honoured with the Distinguished Alumnus Award. He is also an alumnus of the Harvard Business School, Boston, and Springdales School.

With over four decades of experience in the auto component industry, Shri Davar has played a pivotal role in shaping the company’s journey since inception. His visionary leadership and strategic foresight have helped Sandhar Technologies achieve sustained growth and global recognition.

Industry Engagement and Contributions

Apart from his corporate responsibilities at Sandhar Technologies, Shri Davar is actively engaged in several industry and professional bodies. He is:

• A Member of the Advisory Committee of Fraunhofer Gesellschaft, Germany

• An Advisor to the Automotive Component Manufacturers Association (ACMA)

• A Member of the Executive Committee of the National Council, Confederation of Indian Industry (CII)

• Serving on the Sectoral Committee on Auto and Auto Components of the Haryana Government

• The Co-Chairman of the Hero MotoCorp Suppliers Council

He is also a mentor and investor in the start-up ecosystem, supporting innovation and collaboration across the automotive and industrial sectors.

Importance of Continuity

The reappointment of Shri Davar signals stability and consistency in the company’s leadership. It reflects the Board’s confidence in his ability to steer the company through a rapidly evolving automotive landscape, which is undergoing major shifts with the rise of electric vehicles, digitisation, and global supply chain challenges.

By extending his tenure, Sandhar Technologies aims to maintain its strategic direction and operational excellence, building upon its strong foundation and ensuring long-term value creation for shareholders and stakeholders.

Relationships Disclosure

As per statutory disclosure requirements, Shri Jayant Davar is related to Smt. Monica Davar and Shri Neel Jay Davar. This disclosure complies with SEBI Listing Regulations concerning the appointment of directors.

Conclusion

The reappointment of Shri Jayant Davar as Executive Chairman and CEO of Sandhar Technologies Limited for a five-year term starting January 2026 underscores the company’s commitment to strong governance, leadership continuity, and long-term strategic growth.

With his proven track record, industry contributions, and visionary leadership, Davar is expected to continue guiding Sandhar Technologies toward expansion, innovation, and global competitiveness in the auto component industry.

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