CARBORUNIVNSECarborundum Universal Limited· AbrasivesMinimalNeutral
Announced Tue, 17 Mar · 21:29 IST

Carborundum Universal Limited has informed the Exchange about Copy of Newspaper Publication pertaining to Postal Ballot

CARBORUNIV · price

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

Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹754.50
prior close
₹753.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.8+1.3+1.2-0.7+1.8-0.2+0.1+4.7+3.4+17.4+24.1+46.3+57.1
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AI summary

Carborundum Universal Limited (CUMI), part of the Murugappa Group, has published a public notice in Business Standard (English) and Makkal Kural (Tamil) on March 17, 2026, informing shareholders about a Postal Ballot Notice dispatched electronically on March 16, 2026. The postal ballot seeks shareholder approval for the appointment of Ambassador D B Venkatesh Varma (DIN: 1156422) as an Independent Director of the company. Shareholders of record as on March 6, 2026 (cut-off date) can vote via remote e-voting from March 17, 2026 (9:00 am) to April 15, 2026 (5:00 pm), with results to be declared by April 17, 2026. Mr. R Sridharan of M/s. R Sridharan & Associates has been appointed as the Scrutinizer for the process.

Likely market impact

This is a routine compliance filing seeking shareholder approval for an independent director appointment through postal ballot. The appointment of a former Ambassador brings diplomatic and international experience to the board. No immediate impact on share price is expected as the outcome depends on shareholder voting, and independent director appointments are generally non-contentious.