Announced Mon, 17 Nov · 16:37 IST

Intimation of Postal Ballot

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Befound Movement Limited has issued a postal ballot notice to seek shareholder approval for the re-appointment of Mr. Rajesh Kapoor (DIN: 02757121) as Managing Director and Chief Financial Officer for a period of three years, from August 10, 2025 to August 9, 2028, without any remuneration. The resolution is proposed as a Special Resolution. The e-voting window runs from November 18, 2025 (10:00 AM) to December 17, 2025 (5:00 PM), with the cut-off date set as November 14, 2025. Results will be declared on December 18, 2025. M/s. MNB & Co. LLP has been appointed as scrutinizer to oversee the e-voting process, which will be conducted via CDSL's remote e-voting platform.

Likely market impact

This is a routine governance action and is unlikely to have any material impact on the stock price. The director is continuing in his existing role without drawing any remuneration, so there is no change in cost structure or leadership. Shareholders should simply ensure their email IDs and KYC details are updated to participate in the e-voting.