Samvardhana Motherson International Limited disclosed key leadership changes in its finance function during a board meeting held today, as part of organizational restructuring aligned with its Vision 2030 objectives.
The board of directors approved the elevation of Kunal Malani to the position of President - Group Strategy & Transformation, effective November 15, 2025. Consequently, Malani will step down from his role as Chief Financial Officer and Key Managerial Personnel at the close of business on November 14, 2025. In his resignation letter dated October 29, 2025, Malani confirmed there are no material reasons for his departure from the CFO position.
The company simultaneously announced the appointment of Gandharv Tongia as Chief Financial Officer and Key Managerial Personnel, designated as Group CFO, effective November 15, 2025.
Samvardhana Motherson International Limited, headquartered in Noida with its registered office in Mumbai, operates in the automotive component manufacturing sector. The leadership transition reflects the company's strategic focus on achieving long-term growth targets outlined in its Vision 2030 plan.
Samvardhana Motherson International Ltd. (SAMIL) was established in 1986 and has been listed at the Indian stock exchange since 1993. The company is a specialised full-system solutions provider and caters to a diverse range of customers in the automotive and other industries across Asia, Europe, North America, South America, Australia and Africa.
SAMIL is a 100% parent company of Samvardhana Motherson Automotive Systems Group BV (SMRPBV), which operates as a leading Tier 1 supplier of automotive components to original equipment manufacturers (OEMs) worldwide, primarily for use in the production of light vehicles. The product portfolio includes electrical distribution systems, fully assembled vehicle interior and exterior modules, automotive rear vision systems, moulded plastic parts and assemblies, injection moulding tools, moulded and extruded rubber components, lighting systems, electronics, precision metals and modules, and industrial IT solutions.
The group has expanded its presence to support customers in new segments including health and medical, aerospace and logistics. The company operates through multiple business divisions and maintains a global presence with facilities across multiple continents.