Ador Welding Ltd

Ador Welding Limited: Trading window to close from October 1, 2026 till 48 hours after the declaration of Unaudited Financial Results (Standalone & Consolidated) for the second quarter & half year ended September 30, 2026

ESOP vesting and plan terms

• Nomination & Remuneration Committee approved vesting of 6,625 ESOPs under Ador Employee Stock Option Plan 2025.
• Total options granted: 29,500; vested options: 6,625.
• Exercise price fixed at Rs 10 per share.
• Vesting date for vested options: 22 September 2026.
• Exercise window for vested options: 26 Oct 2026 to 24 Nov 2026.
• 3,000 options lapsed due to resignation.
• Amendment to Plan 2025 caps per-employee grant at 2,000 options.
• Share allotment on exercise within 30 days post-closure, subject to regulatory approvals.
• Plan remains SBEB & SE Regulations 2021 compliant.

Meeting Details

• Date and time: 2 September 2026, 02:00–03:00 PM and 03:30–04:30 PM.
• Format: Group meet, in-person.
• Location: Ador House, 6, K. Dubash Marg, Fort, Mumbai.
• Organizer: Ador Welding Limited.
• Purpose: General updates for Analysts / Institutional Investors.

Participants

• Key company participants: management representatives (roles not specified).

Purpose

• Discuss general updates with analysts and institutional investors.

Additional Notes

• Subject to changes due to exigencies.

KYC compliance reminder

• Reminder to update KYC details for physical folios under SEBI Master Circular HO/38/13/(4)2026 and 2024.
• Required fields: PAN, address with PIN, mobile, bank details, and specimen signature.
• Email ID and Nomination are optional but encouraged to provide.
• Non-updation triggers electronic dividend payments from 01 April 2024.
• Updates after 01 April 2024 entitle dividends declared during that period to the holder.
• Folio N13577 is referenced; comply to enable credit of future dividends.
• Submit hard copies to MUFGIntime India Private Limited Unit: Ador Welding Limited, Mumbai.
• Physical shares should be converted to demat form at the earliest.
• Bank details include name, account number, IFSC, MICR.

Senior Management changes

• Redesignated as Chief Compliance Officer and Company Secretary; effective 13 August 2026; due to internal restructuring of responsibilities.
• Appointed Pradnya Nitin Iyer as Head HR; effective 13 August 2026; full-time; 26 years HR experience.

Appointments/Resignations

• Mr. Surya Kant Sethia resigned as Chief Financial Officer, effective close of business 14 August 2026.
• Mr. Krishnamurthy Suryanarayan appointed CFO and Head - Strategy, effective 15 August 2026; full-time KMP.

Meeting Details

• Board meeting on 21 July 2026 to consider unaudited standalone and consolidated results for Q1 FY2026-27.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for Q1 ended 30 June 2026.

Other Notes

• Trading window closed from 01 July 2026 until 23 July 2026 for results.

Senior Management Appointment

• Mr. Vinit Mangrulkar appointed VP – Sales, effective 9 July 2026.
• Educational background: BE in Production Engineering from JNEC Aurangabad.
• Executive Programme in Business Management from IIM Calcutta.
• Over 30 years' leadership across India and ASEAN in Industrial Bearings and Power Transmission.
• Past leadership roles at NSK Bearings India, Timken India, and Grindwell Norton.
• Disclosure: Relationships with other directors not applicable.
• Board/Committee impact: No changes disclosed.