Intimation under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding approval of members for appointment of Independent Director and Secretarial ....
MENNPIS · price
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Menon Pistons informed the stock exchange that shareholders approved two items at the 48th Annual General Meeting held on 30th July 2025. First, the appointment of Mr. Ravindra Purohit as an Independent Director was ratified; he was originally appointed by the Board on 7th May 2025 for a three-year term ending 6th May 2028. He is a retired economist with 34 years of experience, including stints at Tata Services, HCC, and Lavasa Corp. Second, shareholders approved the appointment of M/s. DVD & Associates, Company Secretaries (Pune), as the Secretarial Auditor for five consecutive years from FY2025-26 to FY2029-30. The firm is led by CS Devendra V Deshpande, a former President of ICSI (2022). Both approvals were required to comply with the Companies Act 2013 and SEBI listing regulations. The new Independent Director holds no shares in the company and has no relationship with existing directors.
This is a routine governance and regulatory compliance update with no material impact on the company's operations or stock price. Shareholders have simply ratified board-level decisions already in effect.