Disclosure of voting results of the 48th Annual General Meeting of the Company, along with Scrutinizer''s Report.
MENNPIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Menon Pistons Ltd held its 48th AGM on July 30, 2025, via video conferencing, with all 9 resolutions passed unanimously (100% in favour, 0 against). Total shareholders on record date (July 22, 2025) were 29,517, with attendance of 6 promoter group members and 36 public shareholders via VC. Key items approved include adoption of FY25 audited financial statements, declaration of dividend on equity shares for FY25, and ratification of Cost Auditor remuneration for FY25-26. Directors Mr. R D Dixit and Mr. Sachin Menon (Chairman & MD) were re-appointed via rotation, while Mr. Ravindra Prasad Purohit was appointed as a new Independent Director (special resolution). Three special resolutions approved remuneration for Executive Directors Ms. Sharanya Menon and Ms. Devika Menon (promoter family, who abstained from voting on their own resolutions). Promoters holding 3.79 crore shares voted in favour on non-interested resolutions, while public shareholders showed only 5.10% participation (6.67 lakh of 1.31 crore public shares).
All routine and governance resolutions passed without any dissent, confirming shareholder support for management. The FY25 dividend approval is positive for retail shareholders, while the passing of special resolutions for Menon family Executive Director remuneration indicates continued family control. Low public shareholder voting turnout (5.10%) is notable but did not affect outcomes.