ALICON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Alicon Castalloy Ltd has issued a Postal Ballot Notice seeking shareholder approval for appointing Mr. Ishaan Rai as a Non-Executive Non-Independent Director via an ordinary resolution. The remote e-voting period began on 22nd May 2026 at 9:00 AM IST and will close on 20th June 2026 at 5:00 PM IST. The company has engaged NSDL to provide the e-voting facility, and the notice is being sent to shareholders via email as per MCA Circular No. 9/2025. The appointment requires simple majority approval from shareholders.
The appointment of a non-independent director represents a change in board composition that shareholders should monitor, as such directors may have existing relationships with promoters or management. Retail investors should participate in voting to understand the strategic direction this appointment signifies.