Sandhar Technologies Limited announced that at the Board of Directors at its meeting held on 23 May, 2024, based on the recommendation of the Nomination and Remuneration Committee has appointed Shri Jayant Davar (Presently Co-Chairman and Managing Director of the Company) as Chairman and Chief Executive Officer (KMP) of the Company with effect from 23 May, 2024. From the said date Shri Jayant Davar will be designated as Chairman, Managing Director and Chief Executive Officer. Shri Jayant Davar is the Founder, Co-Chairman & Managing Director of the Company.

Shri. Jayant Davar holds a bachelor's degree in Mechanical Engineering from Thapar Institute of Engineering & Technology, Patiala and has been conferred with the distinguished Alumnus Award by his Engineering College, Thapar Institute of Engineering and Technology (TIET)-Patiala. Shri.

Davar is also an alumni of Harvard Business School, Boston and the Springdales School. He has a rich experience of over four decades in the auto component sector and is actively involved with several professional bodies. He is on the Board of several leading Companies and Educational Institutions and is presently Member of Advisory Committee of Fraunhofer Gesellschaft, Germany and Advisor to Automotive Component Manufacturers Association (ACMA).

He is also a Member of Executive Committee in National Council, Confederation of Indian Industry (CII). He is also a Member of Sectoral Committee on Auto & Auto Components of Haryana Government. He is also a Co-Chairman of the Hero Motocorp Suppliers Council.

As Co-Chairman and Managing Director, he has played a pivotal role in shaping the company's trajectory to success. His visionary leadership and strategic acumen have been instrumental in steering the organization towards achieving its goals and surpassing milestones. Under his stewardship, the company has witnessed remarkable growth and expansion, cementing its position as a market leader in the industry.

In addition to his role as Co-Chairman and Managing Director, he is actively involved in various industry forums and associations, contributing his expertise towards driving positive change and fostering industry-wide collaboration both as an investor and a strategic advisor, in the space of start-up eco system.