Postal ballot on CEO reappointment and director pay revision
AKSHARCHEM · price
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Voting runs October 29 to November 27, 2026 on three special resolutions. Munjal M. Jaykrishna becomes Managing Director and CEO for three years from October 19, 2026, at Rs 4 lakh a month. Sachin M. Jaykrishna's salary rises to up to Rs 6 lakh a month plus variable pay up to 100% of base pay, and he is re-appointed for three years from August 2027. Both may get commission up to 2% of net profit. FY26 standalone PBT was a loss of Rs 613.92 lakh.
Management continuity for family-led firm, but higher director pay. FY26 standalone loss may cap payouts. Results due after November 27.