Date: October 28, 2026

KMP / Board / Auditor Changes

  • Appointment Details: Mr. M. B. Ravi Shankar has been appointed as Head – Manufacturing and designated as Senior Management Personnel (SMP) of the Company.
  • Effective Date: The appointment is effective from October 28, 2026.
  • Profile: Mr. M. B. Ravi Shankar, aged 59 years, is a Mechanical Engineering professional with over 33 years of experience in manufacturing, plant operations, quality assurance, process engineering and supplier development, including 5 years of overseas experience.
  • Previous Roles: He has held senior positions including Plant Head, Managing Director, Director – MAU and General Manager – Operations with reputed manufacturing organisations.
  • Industry Experience: His experience covers bearing manufacturing, press shop/stamping, machine shop, die casting, forging and process engineering, along with expertise in IATF 16949, ISO 9001, Lean, TPM, TQM, Kaizen, PPAP and FMEA.
  • Specific Bearing Industry Experience: He has direct bearing industry experience with Karnataka Ball Bearings Corporation Ltd. and Jay Needle Bearing Corporation, Mysore, and has led manufacturing plants with significant operational and P&L responsibilities.
  • Relationships: Disclosure of relationships between directors is noted as "Not Applicable".

Other Operational / Legal / Strategic Disclosures

  • Regulatory Basis: The disclosure is made pursuant to Regulation 30 read with Part A Para A of Schedule III of the SEBI Listing Regulations.
  • Reference Circulars: The disclosure also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and other applicable SEBI/BSE/NSE circulars.