Date: August 13, 2026

Board Meeting Outcomes

  • Final Dividend @ Re. 1.00 per equity share for the Financial Year 2025-26 was approved.
  • Appointment of Mr. Naresh Kumar Verma (DIN: 07087356) as Executive Director-Operations of the Company for a period of 5 years, effective June 01, 2026, was approved.

KMP / Board / Auditor Changes

Appointment of Executive Director

  • Name: Mr. Naresh Kumar Verma
  • Designation: Executive Director-Operations
  • DIN: 07087356
  • Type of Change: Appointment
  • Effective Date and Term: The appointment is for a period of five years, effective from June 01, 2026.
  • Brief Profile: Mr. Naresh Kumar Verma is 66 years old, holds a Master's degree in Commerce, and a Post Graduate Diploma in Personnel Management & Industrial Relations. He has 44 years of experience and in-depth knowledge of the company's core business of Automotive Gears. His experience includes roles at VXL India Limited, Bhartia Cutler Hammer, and Daikin Shriram Air Conditioning. He is currently a director in Raunaq International Limited and Vibrant Reality Infra Private Limited.
  • Reason for Change: The Board of Directors, in its meeting held on May 30, 2026, had appointed him, and the AGM granted shareholder approval for this appointment.
  • Relationships between Directors inter-se: None.
  • Compliance: The company affirms that the director is not debarred from holding office by any order of SEBI or any other authority, in compliance with BSE Circular Ref. No. LIST/COMP/14/2018-19 and NSE Circular NSE/CMRL/2018/02, both dated June 20, 2018.

Dividend Declaration or Non-Declaration

  • Type: Final Dividend
  • Financial Year: 2025-26
  • Amount: ₹1.00 per equity share

Other Operational / Legal / Strategic Disclosures

The disclosure is made in accordance with SEBI Master Circular No. HO/CFD/POD2/P/CIR/2026/137622026 dated January 30, 2026.