Intimation of Postal Ballot Notice under Regulation-30 to the shareholder for the Appointment of Director and Whole Time Director of the Company.
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Competent Automobiles has issued a Postal Ballot Notice to shareholders seeking approval for the appointment of Mr. Kamal Kant Kumar (DIN: 11366068) as a Director and as Whole Time Director designated as Executive Director for a period of 5 years effective November 14, 2025. Mr. Kumar, aged 60, is a long-standing internal executive with over 40 years of experience in Maruti Suzuki dealership operations, currently overseeing Sales, Services, and True Value divisions. His compensation has been set at Rs. 10 lakh per month along with a company car and mobile facility. The company is seeking shareholder approval via remote e-voting between January 13, 2026 and February 12, 2026, with results to be declared on or before February 14, 2026.
This is a routine governance action to formalise the board position of an existing long-term executive. No material change in leadership or strategy is implied, and the salary level is modest for an executive director role.