Cera Sanitaryware Limited has informed the Exchange regarding Notice of Postal Ballot dated 6th August, 2025
CERA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cera Sanitaryware Limited has issued a postal ballot notice seeking shareholder approval to re-appoint Mr. Ravi Bhamidipaty (DIN: 00160891) as an Independent Director for a second term of three consecutive years, from 4th August 2025 to 3rd August 2028. Mr. Bhamidipaty, who holds qualifications including CA, CS, ICWA, and CFA with 39 years of experience, was first appointed to the board on 4th August 2022 and attended all 6 board meetings in FY 2024-25. He previously served as CFO at Ashima, Sembawang, and Adani Port, and currently provides management and financial consultancy services. E-voting will run from 13th August 2025 to 11th September 2025, with results to be declared on or before 13th September 2025. His remuneration includes Rs. 5.00 Lakhs commission and Rs. 1.60 Lakhs in sitting fees for FY 2024-25.
This is a routine governance filing to extend an existing Independent Director's tenure. The re-appointment is being sought through a special resolution, meaning it requires a higher approval threshold. The outcome is unlikely to materially affect the stock price, but shareholders should note that no promoter family member or new external appointment is involved.