Announced Wed, 25 Feb · 15:07 IST

Intimation of calendar of events for Postal Ballot

Management Changes 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

Caprolactam Chemicals has informed BSE about a Postal Ballot process seeking shareholder approval for four resolutions. These include revision in remuneration of Mr. Siddharth Bhanushali (CFO cum Whole-Time Director) and Ms. Zaver Bhanushali (Managing Director), both Bhanushali family members. Two other resolutions cover a related party transaction with Ms. Shital Bhanushali for leasing of property, and revision in consultancy fees payable to related party Mr. Shankar Bhanushali. The e-voting window runs from February 28, 2026 to March 29, 2026, with results to be declared on March 30, 2026. The scrutinizer appointed is Rahul Gori. No dividend has been proposed.

Likely market impact

This is a routine compliance filing for shareholder approval of remuneration revisions and related party transactions, which are common in family-run small-cap companies. Investors should note that all resolutions involve the promoter Bhanushali family, and approval will entrench higher payouts to family members and related parties, which could be a mild governance concern for minority shareholders.