Intimation of completion of second term of three consecutive years of Mr. Shrikant Sambhoos as an Independent Director of the Company w.e.f. closure of business hours on 10th March, 2026.
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Mr. Shrikant Sambhoos (DIN: 08716109) has completed his second consecutive three-year term as an Independent Director of Menon Pistons Ltd and ceased to hold the position with effect from the close of business hours on March 10, 2026. This is a routine completion of tenure, not a resignation, as an independent director cannot serve more than two consecutive terms of five years each under SEBI rules. To maintain board composition, Col. Basavaraj K Kullolli has been appointed as an Additional Director (Non-Executive & Independent category) effective March 9, 2026, based on a board decision taken on January 28, 2026. The company confirmed that the board composition remains compliant with Listing Regulations.
This is a routine governance update with no material impact on shareholders — a replacement independent director has already been appointed, ensuring continuity on the board and continued compliance with listing requirements.