Menon Bearings seeks shareholder approval via postal ballot for the appointment of Mr. Arun Aradhye as Managing Director for a five-year term effective 4th March 2026.
The proposed remuneration package for the Managing Director totals ₹8.80 lakhs per month, with additional allowances and perquisites as detailed in the resolution.
Remote e-voting for shareholders is scheduled from 10th April 2026 to 9th May 2026, with results to be declared on 12th May 2026.
The appointment follows the stepping down of the previous Managing Director, Mr. R. D. Dixit, and is subject to approval by a special resolution.