Key Dates

  • Annual General Meeting Date: Thursday, 6th August 2026
  • Meeting Time: 11:00 A.M. (IST)
  • Cut-off date for e-voting eligibility: Thursday, 30th July 2026
  • Remote e-voting period: Sunday, 2nd August 2026 (9:00 A.M.) to Wednesday, 5th August 2026 (5:00 P.M.)

Meeting Format

The 35th AGM will be conducted through Video Conferencing / Other Audio Visual Means without physical presence of members at a common venue, in compliance with MCA Circular No. 03/2025 dated 22nd September, 2025.

Ordinary Business Resolutions

1. Adoption of Financial Statements

  • To receive, consider and adopt: (a) Audited Standalone Financial Statements for FY ended 31st March, 2026 with reports of Board of Directors and Auditors; (b) Audited Consolidated Financial Statements for FY ended 31st March, 2026 with report of Auditors
  • Both resolutions to be passed as Ordinary Resolutions

2. Interim Dividend Note

  • To note interim dividend of Rs. 2/- (200%) per Equity Share on 5,60,40,000 Equity Shares of face value Re. 1/- each
  • Dividend declared on 25th July, 2025 and paid for FY ended 31st March, 2026
  • Resolution to be passed as Ordinary Resolution

3. Director Re-appointment

  • To appoint Mr. Nitin Menon (DIN: 00692754) who retires by rotation and offers himself for re-appointment
  • Resolution to be passed as Ordinary Resolution

Special Business Resolutions

4. Cost Auditor Remuneration Ratification

  • To ratify remuneration payable to Cost Auditors M/s. A.G. Anikhindi & Co, Cost Accountants, Kolhapur (FRN: 100049)
  • Remuneration: Rs. 75,000/- plus applicable taxes and out-of-pocket expenses on actuals
  • For audit of cost records pertaining to manufacturing of Aluminum products, Bi-metallic products and tractors and other motor vehicles (including automotive components)
  • For financial year ending 31st March, 2027
  • Appointed by Board upon recommendation of Audit Committee
  • Resolution to be passed as Ordinary Resolution

5. Director Appointment

  • To appoint Mr. Rajendra Girjappa Sonkawade (DIN: 11713166) as Non-Executive Non-Independent Director
  • Was appointed as Additional Director by Board on 14th May, 2026 and holds office up to AGM date
  • Company has received member notice under Section 160(1) of Companies Act proposing his candidature
  • Resolution to be passed as Ordinary Resolution

Director Details

Mr. Nitin Menon (DIN: 00692754)

  • Executive Chairman
  • Date of Birth: 26th November, 1967 (58 Years)
  • Qualifications: Bachelor of Commerce
  • Experience: Industrialist associated with Menon Bearings since 1992 (31+ years in automobile sector)
  • First appointment: 1st April, 1995
  • Remuneration: Rs. 168.76 Lakh during FY ended 31st March, 2026
  • Shareholding: 1,54,43,454 equity shares as on 31st March, 2026
  • Board meetings attended in FY2025-26: 2
  • Directorships in other companies: 6 companies including Menon Bearing New Ventures Limited, Menon Alkop Limited, Menon Brakes Limited

Prof. (Dr.) Rajendra Girjappa Sonkawade (DIN: 11713166)

  • Additional Director (proposed as Non-Executive Non-Independent Director)
  • Date of Birth: 14th April, 1973 (53 Years)
  • Qualifications: Ph.D. in Physics, M.Sc. in Physics
  • Experience: Extensive experience in academics, scientific research, administration, and institutional governance with expertise in physics and scientific research
  • First appointment: 14th May, 2026
  • Remuneration: Sitting fees payable for attending Board and Committee meetings
  • Shareholding: Nil as on 31st March, 2026

Voting Arrangements

E-Voting Service Provider

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) engaged for conducting AGM and facilitating voting

Scrutinizer Appointment

CS Manish Baldeva, Proprietor M/s. M Baldeva Associates, Company Secretaries, Mumbai (FCS No.: 6180/CP No.: 11062) appointed as Scrutinizer

Voting Rights

Voting rights proportional to share of paid-up equity share capital as on cut-off date (30th July, 2026)

Result Declaration

Scrutinizer to prepare report within 2 working days from AGM conclusion. Results to be placed on company website (https://menonbearings.in/) and MUFG Intime website (https://instavote.linkintime.co.in) and communicated to stock exchanges.

Dividend Tax Information

  • TDS rate for shareholders with valid PAN: 10% or government notified rate
  • TDS rate for shareholders without PAN/invalid PAN: 20% or government notified rate
  • No TDS if dividend during FY2026-27 does not exceed Rs. 10,000 for resident individuals
  • For FII/FPI and non-resident shareholders: 20% plus applicable surcharge and cess
  • Documents required for DTAA benefits: PAN copy, Tax Residency Certificate, Form 41, various self-declarations
  • Documents to be submitted by 30th July, 2026, 23:59 hrs IST

Shareholder Services Information

  • Members holding physical shares must update PAN, KYC details, nomination, contact details, bank account details, and signature
  • Forms ISR-1, ISR-2, ISR-3, SH-13 available on company website
  • Special window for re-lodgement of transfer deeds of physical securities and dematerialization available from 5th February, 2026 to 4th February, 2027
  • 31,971 equity shares transferred to IEPF Authority demat account for unclaimed dividends for FY2018-19 or earlier
  • Unclaimed dividend for FY2018-19 due for transfer to IEPF in October 2026