This is to inform you that, Mr. Subhash Kutte, has completed his second term of three consecutive years'' tenure as an Independent Director of the Company. Consequently he ceased to be ....
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Mr. Subhash Kutte (DIN: 00233322) completed his second consecutive 3-year term as an Independent Director (Non-Executive) of Menon Pistons Ltd on May 9, 2025, and ceased to be on the board from the close of business hours that day. To ensure continuity, Mr. Ravindra Prasad Purohit (DIN: 06982157) was appointed as an Additional Director in the Non-Executive Independent category effective May 7, 2025, via a board circular resolution passed on the same date. His appointment is subject to shareholder approval at the upcoming Annual General Meeting. The board composition remains compliant with SEBI Listing Regulations, and the company recorded its appreciation for Mr. Kutte's contributions during his tenure.
This is a routine, planned board transition with no disruption to governance, as a replacement Independent Director has already been appointed to maintain regulatory compliance. No material impact expected on shareholders or the stock price.