Samvardhana Motherson International Limited (MOTHERSON) — Board Meeting | 29 October 2025(3 announcements)

Motherson's board approved a USD 2 million investment in Singapore-based Rider Dome Pte Ltd through subsidiary MSSL-Singapore. The initial tranche of USD 0.5 million comprises USD 0.2 million equity for 10% stake and USD 0.3 million in convertible notes. Upon achieving financial milestones by FY 2028, an additional USD 1.5 million in convertible notes will be invested, enabling majority stake acquisition. Rider Dome develops Advanced Rider Assistance System (ARAS) technology for two-wheelers, addressing growing regulatory demand and OEM interest in safety solutions.

Samvardhana Motherson's board approved two executive leadership changes effective November 15, 2025. Mr. Kunal Malani transitions from Chief Financial Officer to President - Group Strategy & Transformation, while Mr. Gandharv Tongia assumes the CFO role as Group CFO. Malani cited no material reasons for his CFO resignation, signaling a planned strategic restructuring aligned with the company's Vision 2030 objectives.

Motherson's Board approved two management transitions effective November 15, 2025. CFO Kunal Malani resigned to become President—Group Strategy & Transformation, focusing on Vision 2030 initiatives. Gandharv Tongia, a seasoned Big 4 and Polycab executive with 20+ years experience in strategy, finance, and digital transformation, was appointed as Group CFO. Additionally, Hemant Barge joined as Chief Procurement Officer from Tata Motors with 30+ years experience. The company emphasized continuity through a structured handover period.