Samvardhana Motherson International Limited announced that Mr. Gautam Mukherjee has ceased to be an Independent Director of the Company effective from March 31, 2024. Mr. Gautam Mukherjee's cessation is consequent upon completion of his second term as an Independent Director. Reason for change viz.

appointment, resignation, removal, death or otherwise Section 149 of the Companies Act, 2013, inter-alia, provides that an independent director may hold office upto two consecutive terms for 5 years each. Mr. Gautam Mukerjee has completed 2 terms on March 31, 2024 and accordingly ceased to be an independent director effective from March 31, 2024.