Munjal Auto Industries Limited — Others, 24-04-2025: Appointment

The Board of Munjal Auto Industries has approved the reappointment of Mrs. Avi Sabavala as a Non-executive Independent Director for a second term of five years, effective April 1, 2025, pending shareholder approval via Postal Ballot. Mrs. Sabavala meets the necessary independence criteria and has confirmed she is not disqualified from serving as a director.

This reappointment is expected to maintain continuity in governance and strengthen the board's expertise, which can positively influence investor confidence. With her extensive background in corporate training and management, Mrs. Sabavala’s involvement could contribute to strategic growth opportunities for the company. Overall, this update reflects a positive outlook for Munjal Auto's governance structure.