I was able to resolve this myself. I created a ContextMenuStrip, added a MenuItem with sub ComboBox item, populated the ComboBox on ToolStripMenuItem Click event. Then assigned ContextMenuStrip object to its ContextMenuStrip property. After assigning the ContextMenuStrip object to a control, the contextual menu displayed as user right click.
<pre>private void InitializeComponent()
{
System.Windows.Forms.ContextMenuStrip Context =
new System.Windows.Forms.ContextMenuStrip();
ToolStripMenuItem mnuAssign = new ToolStripMenuItem("Assign");
Context.Items.Add(mnuAssign);
ContextMenuStrip = context;
}