DATAMATICSNSEDatamatics Global Services Limited· Computers - SoftwareMediumNeutral
Announced Fri, 29 May · 16:15 IST

Datamatics Global Services Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

DATAMATICS · price

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Price reaction · full curve 14 horizons · vs prior close
+9.0%1-day move
₹764.00
prior close
₹767.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.3+1.3+2.2+9.0+3.9+4.7+4.7+0.3+0.0+5.5+5.4
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AI summary

Datamatics Global Services Limited has issued a Postal Ballot Notice seeking shareholder approval for appointing two new Non-Executive Independent Directors. The two candidates are Mr. Hitesh Gajaria (64), a Chartered Accountant with over 40 years of experience in taxation, transfer pricing, and regulatory consulting, currently a Senior Advisor at KPMG India; and Mr. Navnit Singh (65), Chairman and Regional Managing Director of Korn Ferry India with over 30 years of experience in human capital strategy and organizational transformation. Both candidates were appointed as Additional Directors on May 8, 2026, and are now seeking formal shareholder approval through this postal ballot for a 5-year term ending May 7, 2031. The e-voting period runs from May 30, 2026 to June 28, 2026, with the cut-off date for voting eligibility being May 22, 2026.

Likely market impact

The appointment of these two experienced independent directors strengthens the company's board with specialized expertise in tax/regulatory matters and human capital management, which could positively influence investor confidence and corporate governance standards.