Postal Ballot Notice for re-appointment of Independent Director Mr. Manik Chand Tater

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹12.80

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-2.3% vs market

Transport Services peers, median of 64sector · industry level+0.1%-1.7% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.7 pts less than its Transport Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Transport Services peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Balurghat Technologies has issued a Postal Ballot Notice seeking shareholder approval to re-appoint Mr. Manik Chand Tater (DIN: 01096517) as Non-Executive Independent Director for a second consecutive term of five years from 22 November 2026 to 21 November 2031, via Special Resolution. Mr. Tater, aged 69, B.Com graduate, joined the board on 23 November 2021 and earned sitting fees of about 0.05 lakh in FY 2025-26. Remote e-voting runs from 16 October to 14 November 2026, with results to be declared on or before 16 November 2026.

Likely market impact

Routine governance matter. Re-appointment of an existing Independent Director needs shareholder approval by Special Resolution. Unlikely to materially affect the stock price.