Menon Bearings Limited has announced a postal ballot process to seek shareholder approval for a key leadership appointment. The company issued the notice on April 9, 2026, outlining the procedure for electronic voting on the proposed resolution.

Regulatory Compliance and Publication

In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements in Business Standard (English) and Tarun Bharat (Marathi) on April 10, 2026. The publication provided details about the postal ballot notice and e-voting information to ensure wider shareholder awareness.

Leadership Transition and Appointment

The postal ballot seeks approval for appointing Mr. Arun Aradhye as Managing Director of the company for a five-year term, effective from March 4, 2026. This appointment follows the stepping down of Mr. R. D. Dixit from the Managing Director position due to advancing age, with his tenure ending on March 3, 2026.

Mr. Aradhye brings extensive experience to the role, having been associated with the company since 2011. He possesses over 50 years of experience across diverse functional areas including corporate finance, banking, industrial operations, marketing, human resources, corporate governance, investor relations and brand positioning.

Remuneration Structure

The proposed remuneration package for the Managing Director position totals ₹8.80 lakhs per month, comprising various components:

Additional benefits include company car provision, provident fund contribution up to 12% of salary, actual conveyance and medical expenses, and travel allowances as per company rules.

E-Voting Process and Timeline

The company has engaged MUFG Intime India Private Limited to facilitate the remote e-voting process. Shareholders whose names appear in the register as of the cut-off date of April 3, 2026, are eligible to participate.

CS Manish Baldeva has been appointed as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner. The resolution will be deemed passed on May 9, 2026, subject to receiving the requisite majority votes.

Corporate Governance and Compliance

The appointment requires a special resolution due to Mr. Aradhye's age, as he will be above 70 years during his tenure, in accordance with Section 196(3) of the Companies Act, 2013. The Board of Directors approved this appointment on March 3, 2026, based on recommendations from the Nomination and Remuneration Committee.

The postal ballot notice and detailed instructions for e-voting are available on the company's website at www.menonbearings.in . The company has made arrangements for shareholders to register their email addresses for receiving the electronic notice and participating in the remote voting process.

Menon bearings Limited has submitted its quarterly confirmation certificate under SEBI Regulation 74(5) for the quarter ended 31st March, 2026, ensuring compliance with dematerialization regulations. The certificate was filed with stock exchanges and depositories on 9th April, 2026.

Regulatory Compliance Certificate

The confirmation certificate was issued under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulatory requirement ensures proper handling of securities during the dematerialization process and maintains transparency in depository operations.

Certificate Confirmation Details

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the registrar and share transfer agent for Menon Bearings Limited. The registrar confirmed that all securities received for dematerialization during Q4 FY26 were properly processed within prescribed timelines.

Key confirmations included in the certificate:

• Securities received for dematerialization were confirmed or rejected to depositories
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes were completed within prescribed timelines
• Securities are listed on stock exchanges where earlier issued securities are listed

Filing and Documentation

The certificate was submitted to multiple regulatory bodies and stock exchanges. Siddheshwar Kadane, Company Secretary & Compliance Officer (Membership No.: A72775), signed the submission on behalf of Menon Bearings Limited.

Company Information

Menon Bearings Limited operates from its registered office and works located at MIDC, Gokul Shirgaon, Kolhapur - 416 234. The company maintains its corporate identification number as L29130PN1991PLC062352 and holds IATF 16949 certification for quality management systems.