This is a regulatory disclosure filed with BSE Limited under SEBI Listing Regulations (Regulation 30). The company intimates that the appointments of two Additional Directors, which were initially approved by the Board of Directors on 18th June 2026, have now been approved by the shareholders of the company.

The approval was granted by the members at the 49th Annual General Meeting (AGM) of the company held on 05th August 2026. The company received the scrutinizer's report along with the voting results on the same day, 05th August 2026.

Appointment Details of Mr. Gurudas Kamalakar Chorage (Independent Director)

  • Reason for Change: Appointment regularized and approved by shareholders at the 49th AGM.
  • Original Date of Appointment: 18th June 2026
  • Term of Appointment: For a three-year period, from 18th June 2026 to 17th June 2029.
  • Director Identification Number (DIN): 07233826
  • Category: Non-Executive & Independent Director. The appointment is not liable for retirement by rotation.
  • Profile: Mr. Chorage is a Fellow Chartered Accountant (FCA) from ICAI with additional qualifications including a Diploma in Information Systems Audit (DISA) and certifications in Bank Concurrent Audit and Indirect Taxes. He is currently pursuing courses in International Taxation, Forensic Audit (FAFD), and New Age Auditors. He is a finance, audit, and corporate governance professional with over 15 years of experience in Audit & Assurance, Internal Audit, Risk Advisory, Internal Financial Controls (IFC), Taxation, Compliance, Banking Audits, and Corporate Governance. His current role is Partner at GTA & Co. LLP, leading Audit & Assurance, Bank Audit, and Risk Advisory services. His core areas of expertise include Internal Audit, Risk Advisory, IFC, Governance Frameworks, Banking Audits, Taxation, Regulatory Compliance, Financial Reporting, ERP Controls, Process Reviews, and Operational Management. He has previously served as an Independent Director.
  • Disclosure of Relationship: NIL (No relationship disclosed with other directors).
  • Shareholding in the Company: NIL (as on the date of appointment).
  • Other Directorships: NIL (holds no directorship in any other listed entities).
  • SEBI/Authority Debarment: Mr. Chorage is not debarred from holding the office of a Director by virtue of any SEBI order or any other authority.

Appointment Details of Ms. Nivedita Sachin Menon (Executive Director)

  • Reason for Change: Appointment regularized and approved by shareholders at the 49th AGM.
  • Original Date of Appointment: 18th June 2026
  • Category: Executive Director. The appointment is liable for retirement by rotation.
  • Profile: Ms. Menon holds a Bachelor of Science (B.Sc.) in Business Management with Industrial Experience from the University of Exeter, United Kingdom. She also completed the International Baccalaureate Diploma Programme (IBDP) from Singapore International School. Her current role is Management Trainee at Menon Pistons Ltd. Her core competencies include manufacturing operations, production management, quality control, process improvement, and operational efficiency. She has industrial experience from an internship with Mayekawa Mfg. Co., Ltd., Japan. Her technical exposure includes production technology, production control, value stream mapping, root cause analysis, quality management systems, and manufacturing process optimization. She has held leadership positions during her academic years, including House Prefect and Head of Events.
  • Disclosure of Relationship: She is the daughter of the CMD, Mr. Sachin Menon, and the sister of the executive directors.
  • Shareholding in the Company: 4,208,660 shares (as on the date of appointment).
  • Other Directorships: NIL (holds no directorship in any other listed entities).
  • SEBI/Authority Debarment: Ms. Menon is not debarred from holding the office of a Director by virtue of any SEBI order or any other authority.

Compliance Officer

This disclosure was signed and submitted by Gayatri Eknath Patil, Company Secretary & Compliance Officer (ICSI Membership No.: A80289) of Menon Pistons Limited.