Menon Pistons Ltd Announces Key Board Appointments: Directors and Company Secretary Appointed
Menon Pistons Ltd announced multiple key appointments following a recent Board meeting, approving the induction of two new directors and a Company Secretary and Compliance Manager. The additions strengthen the company's governance structure across executive, independent, and compliance roles.The Board approved the appointment of Ms. Nivedita Sachin Menon as an Additional Executive Director, effective June 18, 2026. Her appointment is subject to shareholder approval and is liable to retire by rotation. Ms. Menon holds a Bachelor of Science (B.Sc.) in Business Management from the University of Exeter, United Kingdom, and currently serves as a Management Trainee at Menon Pistons Ltd.
Ms. Nivedita Sachin Menon's profile details are summarized below:
| Particular | Details |
|---|---|
| Reason for Appointment | Approved by the Board of Directors on the recommendation of the Nomination and Remuneration Committee. |
| Date and Term | Effective from June 18, 2026. The appointment is subject to shareholder approval and is liable to retire by rotation. |
| Profile Highlights | Holds a B.Sc. in Business Management with industrial experience. Current role is Management Trainee at Menon Pistons Ltd. Core competencies include manufacturing operations and quality control. |
| Relationship Disclosure | Daughter of CMD Mr. Sachin Menon. |
| Shareholding | 4,208,660 shares as on the date of appointment. |
The Board also approved the appointment of Mr. Gurudas Kamalakar Chorage as an Additional Director (Non-Executive and Independent Category). This role is effective for a fixed term of three consecutive years, running from June 18, 2026, to June 17, 2029.
Mr. Chorage brings extensive experience in finance, audit, and corporate governance. He is an FCA (Fellow Chartered Accountant) from the Institute of Chartered Accountants of India (ICAI) and currently serves as a Partner at GTA & Co. LLP, specializing in Audit & Assurance and Risk Advisory services. His background includes serving as General Manager at Yashwant Co-op Processors Ltd.
Details regarding Mr. Gurudas Kamalakar Chorage's appointment are as follows:
| Particular | Details |
|---|---|
| Reason for Appointment | Approved by the Board of Directors on the recommendation of the Nomination and Remuneration Committee. |
| Date and Term | Effective from June 18, 2026, for a term of three consecutive years (until June 17, 2029). The appointment is not liable for retire by rotation. |
| Profile Highlights | Holds primary qualification as Fellow Chartered Accountant (FCA). His expertise spans Audit & Assurance, Internal Audit, Risk Advisory, and Corporate Governance. |
| Relationship Disclosure | Nil. |
| Shareholding | Nil. |
The Board further approved the appointment of CS Gayatri Eknath Patil as Company Secretary and Compliance Officer (KMP), effective June 18, 2026. Ms. Patil is an Associate Company Secretary (ACS) with experience in corporate laws, board administration, and regulatory advisory.
Ms. Gayatri Eknath Patil's professional details are provided in the table below:
| Particular | Details |
|---|---|
| Reason for Appointment | Approved by the Board of Directors on the recommendation of the Nomination and Remuneration Committee. |
| Date and Term | Effective from June 18, 2026. |
| Profile Highlights | Holds an Associate Company Secretary (ACS) qualification. Possesses experience in corporate laws, secretarial compliance, and board administration for listed companies. |
| Relationship Disclosure | Nil. |
| Shareholding | Nil. |
MENNPIS Stock Price Movement
Shares of Menon Pistons Limited are edging higher to ₹55.81 as of 1:04 PM today, gaining 0.31%. The stock is trading amidst a range stretching from the low of ₹55.44, with 12,142 shares traded in this live market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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