Shareholders meeting

6th August, 2026 To, To, The Manager The Manager - Listing Department of Corporate Services National Stock Exchange of India Ltd BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Fort, Bandra (East), Mumbai - 400 001 Mumbai- 400 051 Scrip Code: 523828 Symbol: MENONBE Dear Sir / Ma’am, Sub.: Proceedings of 35th Annual General Meeting held on Thursday, 6th August, 2026. Pursuant to the provisions of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the proceedings of the 35th Annual General Meeting of the members of the Company held today, i.e. on Thursday, 6th August, 2026 at 11:00 A.M. conducted through Video Conferencing / Other Audio Visual Means and copy of the presentation made to the members of the Company during the 35th Annual General Meeting (“AGM”). You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Menon Bearings Limited Siddheshwar Kadane Company Secretary & Compliance Officer Membership No.: A72775 Encl.: As stated above. PROCEEDINGS OF THE 35TH ANNUAL GENERAL MEETING OF THE COMPANY HELD ON THURSDAY, 6TH AUGUST, 2026 The 35th Annual General Meeting (‘’AGM’’) of the members of the Company was held on Thursday 6th August, 2026 at 11:00 A.M. through Video Conferencing (‘’VC’’) / Other Audio Visual Means (‘‘OAVM’’) without physical presence of the members at a common venue in accordance with all applicable circulars issued by the Ministry of Corporate Affairs (‘’MCA’’) to transact the business as set out in the Notice of the 35th AGM dated 14th May, 2026. The meeting commenced at 11:00 A.M. and concluded at 11:40 A.M. Directors and Key Managerial Personnel present: 1. Mr. Arun Aradhye - Managing Director 2. Mrs. Kailash Nevagi - Independent Director 3. Dr. Santosh Prabhu - Independent Director, Chairman of the Stakeholders’ Relationship Committee 4. Mr. Nandan Borgalkar - Independent Director, Member of Audit Committee , Nomination & Remuneration Committee & Corporate Social Responsibility Committee 5. Dr. R.G. Sonakawade - Non-Executive Director 6. Mr. Siddheshwar Kadane - Company Secretary & Compliance Officer Other representatives: a. Mr. Rahulprasad Agnihotri, Representative of M/s. A R N A & Associates, Chartered Accountants, Statutory Auditors of the Company; b. CS Manish Baldeva, Proprietor of M/s. M Baldeva Associates, Company Secretaries, Secretarial Auditors of the Company and Scrutinizer appointed for the meeting; c. Mr. Abhay Golwalkar, Internal Auditor of the Company. d. Mrs. Nupur Patwardhan, representative of A. G. Anikhindi & Co, Cost Auditor of the Company. Quorum of the meeting: Total 70 members attended the AGM through VC / OAVM. Brief proceedings: Mr. Siddheshwar Kadane, Company Secretary & Compliance Officer of the Company welcomed the everyone attending the 35th AGM of the members of Menon Bearings Limited through VC/OAVM. He informed the meeting that as Mr. Nitin Menon, Executive Chairman of the Company is unable to attend the meeting, the Directors present in the meeting have elected Mr. Arun Aradhye, Managing Director of the Company, as Chairman of the meeting. He further stated that the registered office of the Company shall be deemed venue for this 35th AGM and proceedings of the 35th AGM shall be deemed to be made here at. He then handed over the proceedings to the Chairman of the meeting. Mr. Arun Aradhye took the Chair. Mr. Arun Aradhye welcomed everyone attending 35th AGM of the members of Menon Bearings Limited and introduced the Board Members, Key Managerial Personnel and Auditors present in the meeting through VC / OAVM. As the requisite quorum being present, the Chairman called the meeting to order. Mr. Arun Aradhye informed the members present that: - The Notice convening the 35th AGM and the Annual Report containing the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026 along with reports of the Board of Directors and Auditors thereon and the relevant annexures have been circulated to the members of the Company within the statutory time period. With the permission of the members present, the notice of the AGM was taken as read. - Since the Statutory Auditors’ Reports do not contain any qualifications, reservations or adverse remarks or disclaimer, were not required to be read. - The Secretarial Auditors have made one observation in their report, and Chairman invited the attention of the members to the explanation provided on the observation in the Board of Directors’ Report at page no. 45 of the Annual Report. Mr. Arun Aradhye delivered Chairman’s speech addressing the shareholders about performance, progress and achievements of the Company during the financial year 2025-26 and future plans of the Company. Mr. Arun Aradhye then requested Mr. Siddheshwar Kadane, Company Secretary and Compliance Officer of the Company to present the agenda items. Mr. Siddheshwar Kadane, Company Secretary and Compliance Officer of the Company informed the members present that: - As per the provisions of Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standard on General Meetings (SS-2) issued by the ICSI, the Company had provided remote e-voting facility to its members to vote on resolutions placed in this 35th Annual General Meeting and the remote e-voting started from 2nd August, 2026 (9:00 A.M.) and concluded on 5th August, 2026 (5.00 P.M.). He then informed the members that to facilitate the voting during the 35th AGM to the members present thereat and did not cast their vote earlier through remote e-voting facility, will have an opportunity to cast their votes through the e-voting system provided by MUFG Intime India Private Limited as made available during the meeting and the same will remain open for 15 more minutes after the conclusion of this meeting. - CS Manish Baldeva, Proprietor of M/s. M Baldeva Associates, Company Secretaries, Mumbai are appointed as Scrutinizer to scrutinize the voting through electronic means (i.e. remote e-voting and e-voting during the meeting) in a fair and transparent manner. The following items of business, as set out in the Notice convening 35thAGM dated 14th May, 2026 were transacted at the meeting: Item Agenda items Type of No. Resolutions ORDINARY BUSINESS 1. Adoption of – Ordinary (a) the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 along with the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026 along with the report of the Auditors thereon. 2. Taking note of payment of interim dividend paid for the financial Ordinary year ended 31st March, 2026. 3. Appointment of a director in place of Mr. Nitin Menon (DIN: Ordinary 00692754), who retired by rotation and being eligible, offered himself for re-appointment as director. SPECIAL BUSINESS 4. Ratification of remuneration payable to Cost Auditors of the Ordinary Company for the financial year ending 31st March, 2027. 5. Appointment of Mr. Rajendra Girjappa Sonkawade (DIN: Ordinary 11713166) as a Non Executive Non Independent Director of the Company. Mr. Siddheshwar Kadane then invited the attention of the shareholders to the particulars provided in the Explanatory Statement pursuant to the provisions of Section 102 of the Companies Act, 2013, forming part of the Notice of 35th AGM. Mr. Siddheshwar Kadane further informed the members present that the consolidated results of remote e-voting and e-voting during the 35th AGM will be declared within 2 working days of conclusion of the 35thAGM and the same will be displayed at the Registered Office of the Company s [Showing first 8,000 characters — download PDF for full document]