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Samvardhana Motherson Seeks Shareholder Approval for Key Resolutions

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Samvardhana Motherson Seeks Shareholder Approval for Key Resolutions

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Samvardhana Motherson International Limited ( (IN:MOTHERSON) ) has provided an update.

Samvardhana Motherson International Limited has announced a postal ballot to seek shareholder approval for two key resolutions. The first resolution involves the appointment of Mr. Dinesh Kumar Khara as an Independent Director, while the second pertains to revising the remuneration of Mr. Pankaj Mital, a Whole-time Director. This move is part of the company’s ongoing efforts to strengthen its governance and management structure, potentially impacting its strategic direction and stakeholder confidence.

More about Samvardhana Motherson International Limited

Samvardhana Motherson International Limited operates in the automotive industry, providing a wide range of products and services including automotive components and solutions. The company focuses on delivering innovative solutions to enhance the efficiency and performance of vehicles, catering to a global market.

Average Trading Volume: 1,453,473

Technical Sentiment Signal: Strong Buy

Current Market Cap: 1183.6B INR

Find detailed analytics on MOTHERSON stock on TipRanks’ Stock Analysis page.

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