DATAMATICSBSEDatamatics Global Services LtdMediumNeutral
Announced Fri, 29 May · 15:59 IST

Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

DATAMATICS · 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
+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 Ltd is seeking shareholder approval via postal ballot for the appointment of two Non-Executive Independent Directors: Mr. Hitesh Gajaria (DIN: 10044310) and Mr. Navnit Singh (DIN: 00424875). Both were appointed as Additional Directors on May 8, 2026, and this ballot seeks to formalize their appointments for a 5-year term each (May 8, 2026 to May 7, 2031). Mr. Gajaria is a Chartered Accountant with four decades of experience in taxation, transfer pricing and regulatory consulting, and serves as Senior Advisor at KPMG India. Mr. Singh is the Chairman and Regional Managing Director of Korn Ferry India, with over three decades in human capital strategy and organizational transformation. Both directors confirmed meeting independence criteria under the Companies Act and SEBI Listing Regulations. Neither holds any equity shares in the company. E-voting runs from May 30 to June 28, 2026, with results declared within 2 working days after closure.

Likely market impact

Approval of both resolutions will strengthen the board with experienced independent directors, bringing expertise in tax/regulatory governance and human capital strategy. The company remains compliant with SEBI norms requiring member approval within 3 months of director appointment.