Samvardhana Motherson International Limited has appointed Dinesh Kumar Khara as an Additional and Non-Executive Independent Director, effective September 25, 2025. The appointment, based on the Nomination and Remuneration Committee’s recommendation, is for a five-year term, subject to shareholder approval, and will run until September 24, 2030. Mr. Khara complies with stock exchange requirements.
Appointment of New Director
The Board of Directors of Samvardhana Motherson International Limited approved the appointment of Dinesh Kumar Khara as an Additional Director and Non-Executive Independent Director in their meeting held on September 25, 2025. This decision follows a recommendation from the Nomination and Remuneration Committee.
Terms of Appointment
Mr. Khara’s appointment is effective from September 25, 2025, and will continue for a period of five years, concluding on September 24, 2030. The appointment is subject to the approval of the shareholders. He is not liable to retire by rotation.
About Dinesh Kumar Khara
Dinesh Kumar Khara brings extensive banking experience, including his recent role as Chairman of the State Bank of India (SBI) from October 2020 to August 2024. Previously, he held the position of Managing Director (Global Banking and Subsidiaries) at SBI.
Compliance and Further Details
Mr. Khara complies with the requirements of relevant Stock Exchange circulars. He is not debarred from holding the office of director. His detailed profile is enclosed as Annexure A1.
Source: BSE
