Executive Director Y.V. Prashanth loses vote at 58th AGM, stays on board
ALKALI · price
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At the 58th AGM of Alkali Metals, shareholders voted against the resolution to retain Mr. Y.V. Prashanth (DIN: 00345418) as Executive Director as it did not secure the required majority. He will continue on the Board as a Non-Executive, Non-Independent Director. This filing is an added update to the earlier AGM proceedings disclosure under SEBI LODR rules.
Shareholders rejected his executive reappointment, a governance red flag showing lack of confidence from investors in the current leadership arrangement.