Grindwell Norton Limited — Board Meeting, 20-02-2025: Outcome of Board Meeting

The Board of Directors has noted the retirement of Mr. B. Santhanam as Managing Director effective March 31, 2025. They have appointed Mr. Venugopal Shanbhag as the new Managing Director for a five-year term starting April 1, 2025, pending shareholder approval. Additionally, Mr. Hari Singudasu has been appointed as an Additional Director and a Whole-Time Director, also for five years from April 1, 2025, subject to shareholder consent. Both appointments highlight the company's focus on strengthening leadership continuity and management experience.