Please find enclosed the Notice of Postal Ballot of the Company dated November 12,2025, together with the explanatory statement which is being sent to the members of the Company through ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Adcounty Media India Ltd has issued a Postal Ballot Notice seeking shareholder approval to hike the monthly remuneration of four Executive Directors from Rs. 2,00,000 to Rs. 5,00,000 per month (a 150% jump), effective December 1, 2025 for a 3-year term. The pay revision covers Mr. Aditya Jangid (Chairman & JMD), Mr. Chandan Garg (JMD), Mr. Abbhinav Rajendra Jain (Whole-Time Director & CFO), and Mr. Delphin Varghese (Whole-Time Director), with a provision for up to 20% annual escalation. The company justifies the hike by citing the directors' experience and its growth profile — FY25 revenue rose to Rs. 69.58 crore (vs Rs. 43.13 crore in FY24) and profit after tax climbed to Rs. 13.75 crore (vs Rs. 8.18 crore). The company recently completed its IPO in July 2025 on the BSE SME platform and is expanding into the UAE via a wholly-owned subsidiary. E-voting runs from November 22 to December 21, 2025.
No equity dilution or structural change for shareholders — only a salary revision proposal. However, a 2.5x pay hike across the entire executive board may draw scrutiny from minority shareholders on governance and payout discipline, even though the company is profitable and growing.