Dreamfolks Services Limited has informed the Exchange about Copy of Newspaper Publication w.r.t. Notice of Postal Ballot seeking approval of Members for reappointment of Mr. Balaji Srinivasan as Executive Director and Chief Technology Director of the Company and to approve the remuneration payable to him is attached herewith.
DREAMFOLKS · price
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Awaiting price reaction for this filing.
Dreamfolks Services Limited has published a newspaper advertisement on February 24, 2026, in Business Standard (English and Hindi) regarding a Postal Ballot notice. The Postal Ballot seeks shareholder approval for the reappointment of Mr. Balaji Srinivasan (DIN: 03512187) as Executive Director and Chief Technology Officer, along with approval of his remuneration, through a special resolution. The Postal Ballot Notice dated February 09, 2026, was dispatched electronically on February 23, 2026, and e-voting will run from February 24, 2026 (9:00 AM IST) to March 25, 2026 (5:00 PM IST). The cut-off date to determine eligible voters is February 20, 2026, and results are expected to be declared within two working days after the conclusion of e-voting.
This is a routine compliance filing and procedural step for seeking shareholder approval on director reappointment. No immediate impact on stock price is expected, but the reappointment of the CTO is a governance matter that shareholders should review for the proposed remuneration terms.