Postal Ballot to re-appoint Manager Rajnesh Datt for 2 years
BOMDYEING · price
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Bombay Dyeing has sent a postal ballot notice to seek shareholder approval for re-appointing Mr Rajnesh Datt as Manager for 2 years, from 4 February 2027 to 3 February 2029, via a Special Resolution. Proposed pay includes basic salary up to Rs 7.1 lakh per month plus perks up to Rs 6.2 lakh per month; his FY26 pay was Rs 1.38 crore. E-voting runs from 10 September to 9 October 2026. The company says profits under Section 198 are computed as inadequate despite being profitable in FY26.
Continuity in leadership with re-appointment of existing manager; pay approved under inadequate profit provisions despite the firm being profitable.