Menon pistons Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key management personnel change. The company informed BSE Limited about this development in compliance with regulatory requirements under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Personnel Change Details

Mr. Pramod Suryavanshi, who served as Company Secretary and Compliance Officer (Key Managerial Personnel), has resigned from his position due to personal reasons. The company has confirmed that there are no other material reasons for the resignation beyond those mentioned.

Resignation Timeline and Process

Mr. Suryavanshi submitted his resignation letter on February 26, 2026, addressed to the Board of Directors. In his resignation letter, he requested to be relieved from all duties and responsibilities, with his last working day being the closure of business hours on March 31, 2026. However, the company has relieved him effective April 1, 2026.

The outgoing Company Secretary expressed gratitude to the Board of Directors and senior management for their support and cooperation during his tenure. He also requested the management to file necessary forms and e-forms with the Registrar of Companies and provide related intimations to the Stock Exchange and other applicable authorities.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 and Schedule III of the SEBI Listing Regulations. The company has provided detailed disclosure in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026.

Chairman and Managing Director Sachin Menon signed the official communication to BSE, confirming that the management has acknowledged and accepted the resignation. The company has fulfilled its regulatory obligations by providing comprehensive details about the personnel change and ensuring proper documentation of the transition.

Menon Pistons Limited has successfully completed its postal ballot process through remote e-voting, with shareholders approving all four proposed resolutions with requisite majority. The company disclosed the voting results on 23rd March 2026, following the conclusion of the e-voting period that remained open from 20th February 2026 to 21st March 2026.

Postal Ballot Process Overview

The postal ballot process was conducted in accordance with Section 110 of the Companies Act, 2013 and Regulations 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. DVD & Associates, Company Secretaries, served as the scrutinizer for the voting process, with Devendra V. Deshpande (FCS 6099, CP 6515) overseeing the fair and transparent conduct of the ballot.

Key Leadership Appointments

Chairman and Managing Director Re-appointment

Based on the recommendation of the Nomination and Remuneration Committee, shareholders approved the re-appointment of Mr. Sachin Menon (DIN: 00134488) as Chairman and Managing Director for a three-year term from February 1, 2026 to January 31, 2029. The resolution received strong support from public shareholders, with the promoter group abstaining due to their material interest.

Independent Director Appointment

Col Basavaraj K Kullolli (DIN: 11533574) was appointed as Independent Director for a three-year term from March 9, 2026 to March 8, 2029. The appointment received exceptional support with 99.84% approval rate, demonstrating strong shareholder confidence in the leadership choice.

Resolution Results and Voting Patterns

All four resolutions presented to shareholders received overwhelming support, with detailed voting patterns showing strong approval across different shareholder categories.

Regulatory Compliance and Governance

The postal ballot process adhered to all regulatory requirements, with promoter group abstaining from voting on resolutions where they had material interest, as mandated by applicable regulations. The scrutinizer's report confirmed the fair and transparent conduct of the entire voting process, with all votes being cast through the electronic platform provided by Link Intime India Private Limited.

The company has made the detailed voting results and scrutinizer's report available on its website at www.menonindia.in and the e-voting agency's website, ensuring complete transparency in the process. Company Secretary Pramod Suresh Suryavanshi (Membership No. A45514) signed the official disclosure submitted to BSE Limited under scrip code 531727.