Artemis Electricals and Projects Limited has informed the Exchange regarding Notice of Postal Ballot
AEPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Artemis Electricals and Projects Limited has issued a postal ballot notice containing three resolutions for shareholder approval. Item 1 seeks regularization of Mr. Dharmendra Kumar Jain (Chartered Accountant) as Non-Executive Independent Director for a 5-year term from February 3, 2026. Item 2 seeks regularization of Mrs. Dhruti Harsh Satia (Company Secretary) as Non-Executive Independent Woman Director for a 5-year term from April 20, 2026. Item 3 requests a 6-month extension for completing the sale of company property at Fortune 2000, Bandra Kurla Complex to promoter Mr. Pravin Kumar Brijendra Kumar Agarwal, due to pending MMRDA approval. Remote e-voting opens May 8, 2026 and closes June 6, 2026.
The appointment of two independent directors will strengthen board governance and ensure SEBI compliance. The property sale extension indicates the transaction is progressing but requires additional regulatory clearance before completion, with proceeds likely benefiting the company.