India Motor Parts & Accessories Limited (IMPAL) has announced a key addition to its corporate leadership team. Ms. Swetha R has joined the company as the new Company Secretary & Compliance Officer, effective September 11, 2025.

Appointment Details

The appointment was officially communicated to the stock exchanges, including the National Stock Exchange of India Limited (NSE) and BSE Limited, by Mr. Mukund S Raghavan, the Managing Director of India Motor Parts & Accessories Limited. This information was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Communication

In an official letter addressed to the Manager of the Listing Department at the National Stock Exchange of India Limited, the company stated:

"We wish to inform that Ms. Swetha R, has joined the Company today, i.e., 11th September, 2025, as Company Secretary & Compliance Officer of the Company."

Corporate Governance Implications

The appointment of Ms. Swetha R as Company Secretary & Compliance Officer is a significant move for India Motor Parts & Accessories Limited. This role is crucial in ensuring the company's adherence to regulatory requirements and maintaining effective corporate governance practices.

About India Motor Parts & Accessories Limited

India Motor Parts & Accessories Limited is a player in the automotive components sector. The company's commitment to strengthening its corporate structure is evident through this strategic appointment.

Investors and stakeholders will likely watch closely to see how this new addition to the leadership team contributes to the company's compliance efforts and overall corporate strategy in the coming months.

India Motor Parts & Accessories Limited , a prominent player in the automotive parts industry, has announced significant changes in its top leadership through a postal ballot. The company's shareholders have overwhelmingly approved two crucial resolutions, marking a new chapter in its management structure.

Re-appointment of Managing Director

N Krishnan has been re-appointed as the Managing Director for a term of three years, effective from July 5, 2022, to July 4, 2025. The shareholders showed their strong support for this decision with a near-unanimous approval rate of 99.99%.

Key details of N Krishnan's appointment include:

• Monthly salary: Rs. 5,00,000
• Commission: Up to 1.50% of net profits

Elevation of Deputy Managing Director

In another strategic move, Mukund S Raghavan has been elevated to the position of Deputy Managing Director. This appointment is for a five-year term, spanning from May 18, 2022, to May 17, 2027. This resolution also received an overwhelming 99.99% approval from the shareholders.

Key details of Mukund S Raghavan's appointment include:

• Monthly salary: Rs. 3,50,000
• Commission: Up to 1.00% of net profits

Comprehensive Benefits Package

Both leadership positions come with an extensive perquisites package, which includes:

• Accommodation
• Medical benefits
• Travel allowances
• Company vehicles

Voting Process and Compliance

The postal ballot was conducted through remote e-voting, concluding on July 1, 2022. The process adhered strictly to the guidelines set forth by the Companies Act 2013 and SEBI regulations, ensuring transparency and fairness. The voting participation was as follows:

This strong shareholder engagement and the near-unanimous approval of both resolutions reflect the confidence of investors in the company's leadership choices and future direction.

The approval of these key appointments signals India Motor Parts & Accessories Limited's commitment to maintaining strong leadership and governance structures. As the automotive industry continues to evolve, these strategic decisions are likely to play a crucial role in shaping the company's future growth and market position.