Cambridge Technology Enterprises Limited has informed the Exchange regarding Notice of Postal Ballot for seeking approval of the Members of the company on the Special Business as contained in the said notice
CTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cambridge Technology Enterprises Limited is seeking shareholder approval via postal ballot for the change in designation of Mr. Raj Kumar Sehgal from Non-Executive, Non-Independent Director to Whole-Time Director for 5 years effective February 05, 2026. Mr. Sehgal will also serve as Chief Financial Officer (CFO) of the company. His proposed annual remuneration is Rs. 42 lakhs with various perquisites including provident fund contribution, gratuity, medical benefits, and leave entitlements. Remote e-voting starts on April 04, 2026 and ends on May 03, 2026. Results will be declared by May 05, 2026. Mr. Sehgal is a company secretary and law graduate with over 25 years of experience in compliance, financial management, and corporate advisory. The company has provided financial performance data showing revenue from operations of Rs. 664.29 crore for FY2025.
Shareholders should note this is a significant management change - Mr. Sehgal will now hold dual executive roles (Whole-Time Director and CFO) with substantial remuneration. The special resolution requires approval, and any default in repayment to lenders may affect his appointment terms.