Notice is hereby given that resolution set out below is proposed to be approved by members by means of Postal Ballot.
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Awaiting price reaction for this filing.
Beezaasan Explotech has issued a postal ballot notice to shareholders seeking approval for appointing Mr. Sanjay Shrivastava (DIN: 11196397) as Whole-time Director, designated as Executive Director, for a 3-year term effective from 25 November 2025. He was previously onboarded as Additional Director (Director – Operations) on 25 November 2025, and his regular Directorship was approved at an EGM on 18 December 2025; this postal ballot upgrades him to the Whole-time Director role with formal remuneration. He brings around 20 years of experience in the explosives industry and has been working with the company as a senior managerial personnel earlier. Proposed pay is up to Rs. 14.89 lakh per annum with annual hikes of up to 30%, on top of standard perquisites and minimum remuneration provisions. E-voting runs from 15 January 2026 to 13 February 2026, with results to be declared within two working days.
This is a routine internal elevation of a long-serving operations manager to the Whole-time Director seat with structured pay – shareholders' vote via e-voting is largely procedural and unlikely to move the stock. Investors should track the voting outcome and any related remuneration disclosures, but no major corporate action or governance red flag is signaled for outside shareholders.