Benara bearings & Pistons Limited has filed a regulatory disclosure with BSE Limited regarding the non-applicability of certificate requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The communication, dated March 25, 2026, addresses compliance requirements for the first quarter of financial year 2027.

Regulatory Compliance Disclosure

The company has formally notified BSE Limited that Regulation 57(4) of SEBI (LODR) Regulations 2015 does not apply to its operations for the quarter ended June 30, 2026. This regulation typically requires companies to provide details regarding payment schedules for interest, dividend, and principal obligations on non-convertible securities.

Non-Convertible Securities Status

Benara Bearings & Pistons Limited confirmed that it has not issued any non-convertible securities, which forms the basis for the non-applicability of the regulatory requirement. The company specifically stated that details of schedule of payment of interest, dividend, and principal obligations on such securities are not applicable for the first quarter ended June 30, 2026.

The disclosure also confirms that there were no unpaid interest, dividend, or principal obligations in relation to non-convertible securities during the reporting period.

Corporate Information

The communication was digitally signed by Vivek Benara, Managing Director with DIN 00204647, on March 25, 2026. The company operates from its corporate office in Agra, Uttar Pradesh, and maintains a Delhi office for business operations.

Business Operations

Benara Bearings & Pistons Limited operates as an ISO 9001-2008 certified company, manufacturing automotive components including engine bearings, bushes, pistons, piston pins, piston rings, cylinder liners, connecting rods, crankshafts, engine valves, and various other automotive parts. The company is part of the Benara Group and serves the automotive industry with a comprehensive range of products.

Benara bearings & Pistons Ltd announced significant board changes during its meeting held on March 20, 2026, with the appointment of two new Independent Directors to strengthen its governance structure.

Board Meeting Outcomes

The Board meeting, which commenced at 11:35 hours and concluded at 12:40 hours on March 20, 2026, approved the appointments of Mr. Harvendra Kumar Singh and Mrs. Sunidhi Jain as additional Directors with Independent Director designation. Both appointments are effective from March 20, 2026, subject to approval by members through Extraordinary General Meeting or Postal Ballot Rules.

Director Profiles and Experience

The newly appointed directors bring substantial professional experience to the company's board:

Terms and Compensation Structure

Both Independent Directors have been appointed for five-year terms starting March 20, 2026, and are not eligible to retire by rotation. The remuneration structure includes:

• Maximum ₹5,000 per meeting attendance
• Out-of-pocket expenses at actuals
• No existing shareholding in the company
• No relationship with the company or other directors

Regulatory Compliance

The appointments comply with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive disclosures as required under Schedule III - Para A(7B) of Part A of the Listing Regulations. Both directors meet the skills and capabilities required for their respective roles and have no prior directorships in other public companies or committee memberships.

Company Background

Benara Bearings & Pistons Ltd operates as an ISO 9001-2008 certified company specializing in automotive components including engine bearings, pistons, piston rings, cylinder liners, connecting rods, and various other auto ancillary products. The company maintains its corporate office in Agra, Uttar Pradesh, with additional operations in New Delhi.