EGM on 13 Nov 2026 for MD reappointment, ED appointment and remuneration waiver
ALKALI · price
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Alkali Metals will hold an EGM on 13 November 2026 at 11 AM via video conference. Three special resolutions: re-appoint Y.S.R. Venkata Rao as Managing Director for 3 years from 1 May 2027 at 12.10 lakh per month plus 5% commission, appoint Y.V. Prashanth as Executive Director for 3 years at 8.33 lakh per month, and waive recovery of 22.03 lakh paid to Prashanth earlier. Both director proposals failed at the 21 August 2026 AGM due to only 0.19 percent voter turnout and are being resubmitted.
Shareholders vote on MD and ED appointments plus 22 lakh pay waiver. Both director proposals earlier failed at AGM due to very low turnout. Outcome shapes promoter family governance.