Uniparts India seeks approval for director's revised remuneration

Uniparts India Limited is seeking shareholder approval for a revision in the managerial remuneration of Tanushree Bagrodia, whole time director, effective January 1, 2026. The proposed total cost to the company (CTC) for Bagrodia's remuneration will be INR 3,82,75,627, inclusive of a fixed cost of INR 2,84,00,000, performance-linked incentive (PLI) of INR 94,66,667, and gratuity of INR 4,08,960. This adjustment covers the remaining period of her tenure, which concludes on November 24, 2027.

The postal ballot process, conducted via remote e-voting, commenced on Sunday, December 28, 2025, at 9:00 AM (IST) and will conclude on Monday, January 26, 2026, at 5:00 PM (IST). The company has appointed MUFG InTime India Private Limited to facilitate the e-voting. The board of directors and the nomination and remuneration committee have approved this revision, noting Bagrodia's promotion to group chief executive officer effective December 5, 2025.

Bagrodia’s previous remuneration for the period November 25, 2024, to March 31, 2025, was INR 1,03,85,197, and from April 1, 2025, to December 31, 2025, it was INR 1,97,81,328. The company has no inadequate profits in the previous fiscal year and anticipates sufficient profits for the current year.