Menon Bearings Limited shareholders approved the adoption of audited financial statements for FY26 and noted the payment of an interim dividend of ₹2 per equity share during its 35th Annual General Meeting (AGM) held on August 6, 2026. The meeting, conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM), also saw the re-appointment of Executive Chairman Nitin Menon and the appointment of Rajendra Girjappa Sonkawade as a Non-Executive Non-Independent Director. All five ordinary resolutions passed with overwhelming support, reflecting strong shareholder confidence in the company’s governance and performance.

The AGM commenced at 11:00 A.M. at the company’s registered office in Kolhapur, which served as the deemed venue. Arun Aradhye, Managing Director, chaired the proceedings in the absence of Nitin Menon. CS Manish Baldeva of M Baldeva Associates served as the scrutinizer for the e-voting process facilitated by MUFG Intime India Private Limited. Remote e-voting was open from August 2 to August 5, 2026, while members present via VC could vote during the meeting. A total of 70 shareholders attended virtually, establishing the requisite quorum.

Key Resolutions Passed

Shareholders voted on five agenda items. The most significant outcomes included the ratification of cost auditor fees for FY27 and the approval of the interim dividend declared on July 25, 2025. The voting results demonstrate near-unanimous support across promoter and public categories for all key business items.

Board and Governance Updates

The re-appointment of Nitin Menon, who retired by rotation, received 99.99% support. Additionally, Rajendra Girjappa Sonkawade was appointed as a Non-Executive Non-Independent Director, a resolution that also passed with nearly unanimous approval. Siddheshwar Kadane, Company Secretary & Compliance Officer, highlighted that while Statutory Auditors’ reports contained no qualifications, Secretarial Auditors had made one observation, details of which were provided in the Board of Directors’ Report.

Voting Participation Analysis

Promoter and Promoter Group shareholders held 38,355,174 shares and cast 35,110,196 votes in favor of the financial statements and dividend note, representing 91.54% of their outstanding shares. Public non-institutional shareholders polled 96,734 votes, with 99.06% in favor of the financials. The high participation rate and strong majority indicate robust stakeholder alignment with management’s strategic direction and financial reporting for FY26.

Menon Bearings Limited will host a physical meeting with analysts and institutional investors on August 5, 2026, in Kolhapur. The event aims to facilitate direct interaction between the company’s management and the investment community through a combination of a plant visit and a management discussion. This engagement provides stakeholders an opportunity to observe operational facilities firsthand while discussing business developments with senior leadership.

The company disclosed the details of the interaction pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both the Bombay Stock Exchange and the National Stock Exchange of India Ltd. on July 31, 2026. Siddheshwar Kadane, Company Secretary and Compliance Officer, signed the intimation.

Event Details

The interaction is organized by the Investor Relations Firm Kaptify. It is structured as a group meeting involving multiple analysts and investors rather than one-on-one sessions. The schedule is subject to change due to unexpected exigencies, as noted in the disclosure.

Compliance and Information Disclosure

Menon Bearings Limited explicitly stated that no Unpublished Price Sensitive Information (UPSI) will be shared during the meeting. This assurance aligns with regulatory requirements designed to prevent insider trading and ensure fair access to material information among all market participants. Investors are advised that the schedule may undergo changes, and any updates would likely be communicated through subsequent exchange filings.