DPSC Limited has informed the Exchange regarding Notice of Postal Ballot
DPSCLTD · price
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Awaiting price reaction for this filing.
India Power Corporation Limited (formerly DPSC Limited) has issued a Postal Ballot Notice seeking shareholder approval to appoint Mr. Naveen Prakash (DIN: 00059549) as an Independent Director for a 5-year term from 1st January 2026 to 31st December 2030. Mr. Prakash was initially taken on board as an Additional Director on 15th December 2025, and this postal ballot is required under SEBI's Listing Regulations to formalize his appointment through a special resolution. He is a retired 1987-batch IAS officer (West Bengal cadre) with 38 years of public service experience, having served as Additional Chief Secretary in the West Bengal government and held roles in the central government. The remote e-voting window runs from 9:00 AM on 25th February 2026 to 5:00 PM on 26th March 2026, conducted via NSDL, with Mr. Mohan Ram Goenka appointed as scrutinizer.
This is a routine corporate governance step to confirm an already-effective board appointment and is unlikely to have a material impact on the stock price. Investors should note the e-voting window if they wish to participate, but approval of well-qualified independent directors is generally expected.