Appointment of Col. Basavaraj K Kullolli (DIN: 11533574) as an Additional Director (Non-Executive and Independent Director Category) of the Company for a period of three (3) consecutive ....
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Menon Pistons Ltd has appointed Col. Basavaraj K Kullolli (DIN: 11533574) as an Additional Director in the Non-Executive Independent Director category, effective 9th March 2026, for a term of three years ending 8th March 2029. The appointment was recommended by the Nomination and Remuneration Committee and is subject to shareholder approval via a postal ballot process. Following this addition, the board has reconstituted its Audit Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee, with Col. Kullolli added as a member in all three. Col. Kullolli is a retired Army officer with over 30 years of leadership experience, holding an MBA, M.Sc. in Defense & Strategic Studies, and is a qualified helicopter pilot. He has no shareholding in the company, no relationship with other directors, and is not debarred by SEBI from holding directorship.
This is a routine governance update with a new independent director joining the board, strengthening oversight across all key committees. The appointment is unlikely to materially affect the stock price but adds defense-services leadership experience to the board's skill set.