Grindwell Norton Limited — Others, 25-02-2025: Shareholders meeting

Grindwell Norton Limited has announced a board meeting to seek shareholder approval via postal ballot for key appointments. Mr. Venugopal Shanbhag is proposed as the Managing Director for a five-year term starting April 1, 2025, with a monthly salary of ₹16.5 lakh. Additionally, Mr. Hari Singudasu is recommended for appointment as a Director and as a Whole-Time Director (Executive Director), with a monthly salary of ₹14.75 lakh, effective the same date. This strategic leadership transition aims to strengthen management continuity and operational focus, potentially enhancing investor confidence due to experienced leadership.