Menon Bearings Ltd — Proxy Solicitation & Information Statement 2024

Mar 30, 2024

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30[th] March, 2024

To, Manager (CRD) BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 523828

To,

Manager – Listing Department National Stock Exchange of India Ltd

Exchange Plaza, Bandra Kurla Complex Bandra (East), Mumbai – 400051 Symbol: MENONBE

Dear Sir / Ma’am,

Sub.: Intimation regarding Newspaper Publication of the Postal Ballot Notice.

Pursuant to the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith copies of newspaper advertisement published in Business Standard (English) and Pudhari (Marathi) on March 30, 2024 with regards to the Postal Ballot Notice and E-Voting Information.

You are requested to kindly take the same on record.

Thanking you,

Yours faithfully,

for Menon Bearings Limited

Manmay Kiran Digitally signed by Manmay Kiran Kalyankar Kalyankar Date: 2024.03.30 17:53:33 +05'30' Manmay Kalyankar Company Secretary & Compliance Officer Membership No.: A29264

Encl.: A/a.

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14 ~~>~~

1

PUNE | SATURDAY, 30 MARCH 2024

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I N D I A ’ S L E A D I N G E N G I N E B E A R I N G C O M PA N Y MENON BEARINGS LTD. CIN: L29130PN1991PLC062352 Regd. Office: G-1, MIDC, Gokul Shirgaon, Kolhapur–416234 Phone No.: + 91 231 267 22 79 / 533 / 487; Fax: + 91 231 267 22 78 E-mail :admin@menonbearings.in; Website: www.menonbearings.in ~~NOTIC~~ E OF POSTAL B ~~ALLOT~~ Notice is hereby given to the Members of MENONBEARINGSLIMITED('the Company')pursuant to the provisions of Sections 108 and 110 of the CompaniesAct, 2013 ('theAct') read with Rules 20 and 22 of Companies (Management andAdministration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing includingRegulations'), Secretarial Standard - 2 ('SS-2') on General Meetings issued by the Institute of Company Secretaries of Indiaand General Circular Nos. 14/2020 dated 8General Circular No. 09/2023 datedth April, 2020, 17/2020 dated 1325th September, 2023 issuedth April, 2020 read with other relevant circularsby the Ministry of Corporate Affairs ("MCA Circulars")and other applicable provisions of the Act, Rules, Regulations, Circulars, Notifications, etc. for the time being in electronic means (remote e-voting) in respect of the Special Business as set out in the Postal Ballot Notice dated 23force, consent and approval of the Members of the Company is being sought through postal ballot process by voting throughrd March 2024. The Postal Ballot Notice is also available on the Company's website at www.menonbearings.in, websites of the Stock Exchanges viz. BSE and NSE at www.bseindia.com and www.nseindia.com respectively, and also on the website of Link IntimeIndiaPvt.Ltd.athttps://instavote.linkintime.co.in.

Pursuant to the aforesaid MCA Circulars, the Company has completed the despatch of electronic copies of the Postal Ballot Notice along with the explanatory statement thereto only through electronic mode to all those Members whose email addresses are registered with the Company, Depository Participants ('DPs') and Registrar & Share Transfer Agent ('RTA') of providedbytheDPsasontheCut-offdatebeingFriday,22the Company and whose names appeared as Members in the Company's Register of Members / List of Beneficiaries asnd March,2024.PhysicalcopiesofthePostalBallotNoticealongwith Postal Ballot forms and pre-paid business reply envelopes are not being sent to the Members for the Postal Ballot in line with theexemptionprovidedintheaforesaidMCACirculars. The Company has engaged the services of Link Intime India Pvt. Ltd. ('Link Intime') to provide remote e-voting facility to its memberstoexercisetheirrighttovoteontheresolutionsproposedinthePostalBallotnotice.Thecommunicationoftheassent or dissent of the Members would take place through remote e-voting only. A member may exercise voting through remote e- voting only as per the provisions of the aforesaid MCACirculars. For casting the votes, the Members are required to read the shall commence at 09:00 a.m. (IST) on Saturday, 30instructions thereof provided in the Postal Ballot Notice carefully. Members are requested to note that remote e-voting periodth March, 2024 and end at 05:00 p.m. (IST) on Sunday, 28th April, 2024 and tohis/her/itsshareholdinginthepaid-upsharecapitaloftheCompanyasontheCut-OffdatebeingFriday,22theremotee-votingmoduleshallbedisabledforvotingbyLinkIntimeforthwith.VotingrightsofaMembershallbeinproportionnd March,2024. The manner of remote e-voting by the Members holding shares in dematerialized mode, physical mode and for the Members who have not registered their email address is provided in the Postal Ballot notice.The manner in which the persons who have forgottentheUserIDandPassword,canobtain/generatethesame,hasalsobeenprovidedinthesaidNotice.

The Board of Directors of the Company has appointed CS Manish Baldeva, Practicing Company Secretary, (Membership No.: FCS 6180 and C. P. No. 11062) proprietor of M/s. M Baldeva Associates, Company Secretaries, Mumbai, as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The result of the Postal Ballot shall be announced on Tuesday,April 30, 2024 at 11.00 a.m. at the Registered Office of the Company. The results along with the Scrutinizer's Report shall be displayed at the Registered Office of the Company and also hosted on the website of the Company viz. www.menonbearings.in and also on the website of Link Intime viz. https://instavote.linkintime.co.in The result shall also be communicatedtotheStockExchanges,wherethesharesoftheCompanyarelisted.

Members who have not updated their e-mail address are requested to register the same, in respect of shares held by them in electronic form with the Depositories through their Depository Participants and in respect of shares held in physical form by writingtoCompany'sRTA,LinklntimeIndiaPrivateLimited,C-101,247Park,LBSMarg,Vikroli(West),Mumbai–400083orat E-mail:rnt.helpdesk@linktime.co.inandsubmittingtherequisitedocumentsasmaybesoughtbytheRTAinthisregard.

In case of any queries, grievances connected with voting by electronic means, you may contact Company's RTA, Link Intime India Pvt. Ltd., at enotices@linkintime.co.in or at 022 - 4918 6000 and 022 - 2491 8270 or the Company Secretary & ComplianceOfficer,MenonBearingsLtd.,atadmin@menonbearings.inorat0231–2672279.

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For Menon Bearings Limited.
Place : Kolhapur Sd/-
Date : March 23, 2024 Company Secretary
C R I T I C A L E N G I N E E R I N G P A R T S
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