Concord Enviro Systems Limited has informed the Exchange regarding Notice of Postal Ballot
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Awaiting price reaction for this filing.
Concord Enviro Systems has issued a postal ballot notice to shareholders seeking approval for one resolution: the appointment of Ms. Namrata Prayas Goel (DIN: 00349113) as a Non-Executive Non-Independent Director, liable to retire by rotation. She was initially appointed as an Additional Director by the Board on May 19, 2025, and now requires shareholder confirmation as per Listing Regulations. Ms. Namrata Goel is a member of the promoter group — she is the spouse of Mr. Prayas Goel and sister-in-law of Executive Director Mr. Prerak Goel. She holds 5,01,500 equity shares in the company and has over 20 years of experience spanning HSBC Bank, Rochem Separation Systems (a subsidiary), and the education sector. She will not draw any remuneration, sitting fees, commission, or stock options. Remote e-voting begins on July 4, 2025 and ends on August 2, 2025, with results expected by August 4, 2025.
This is a routine governance filing — a formalisation of a board appointment already made on May 19, 2025. Since the appointee is from the promoter group, the resolution is expected to pass without difficulty and is unlikely to have a material effect on the stock price.