Balaji Telefilms Limited has informed the Exchange with copy of minutes of Postal Ballot
BALAJITELE · price
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Balaji Telefilms Limited has filed minutes confirming the appointment of Mr. Pankaj Baikunthnath Chaturvedi as Non-Executive Independent Director, approved through a postal ballot conducted between February 25 and March 26, 2026. The appointment is effective from December 30, 2025 for a term of 5 years until December 29, 2030. Shareholders voted overwhelmingly in favor with 99.99% approval (6,62,39,146 votes in favor vs. 1,151 votes against). The voting participation was 54.41% of outstanding shares. Mr. Chaturvedi was originally appointed as Additional Director on December 30, 2025, and this shareholder approval formalizes his status as an Independent Director who shall not be liable to retire by rotation.
The appointment of a new Independent Director with near-unanimous shareholder support strengthens the company's board governance and independence. This is a routine governance update with no direct impact on stock price in the short term.