Shareholders approval for appointment and change in designation of director vide postal ballot dated May 03, 2026
CTE · price
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Cambridge Technology Enterprises Limited has received shareholder approval through a postal ballot for the appointment and change in designation of Mr. Raj Kumar Sehgal as Whole-time Director for a period of 5 years, effective February 05, 2026. The special resolution was passed based on the Scrutinizer's Report dated May 04, 2026, with the deemed passing date of May 03, 2026 (last date for remote e-voting). This was a follow-up to the company's earlier intimation dated February 05, 2026, regarding the same appointment. The appointment was already effective from February 05, 2026, and shareholders have now ratified it through the postal ballot process.
This is a routine corporate governance update confirming shareholder backing for the Whole-time Director appointment. No immediate impact on the stock is expected as the appointment was already in effect.