Mumbai, Nov. 26 -- The decision, based on the recommendation of the nomination and remuneration committee, was subsequently approved by shareholders through a postal ballot.

Vora, who is also the promoter and chairman of the company, has been on the board since January 2008. He holds a B.E. in Industrial Electronics from the University of Pune and brings over two decades of experience in the automobile components industry. He plays a key role in formulating growth strategies, driving cost-efficient operations and steering the company's market development initiatives.

The company disclosed that Vora is related to two members on the board - his mother, Indubala Subhash Vora (non-executive director), and his brother, Sumit Subhash Vora (wh...