Notice of Postal Ballot dated April 30, 2026
EDELWEISS · price
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Edelweiss Financial Services is seeking shareholder approval via postal ballot for appointing Mr. Rajiv Jalota as an Independent Director for 5 years. Mr. Jalota, a former IAS officer with over 35 years of experience, previously served as Chairman of Mumbai Port Authority, Additional Chief Secretary (Finance) Maharashtra, and GST Commissioner Maharashtra. He brings expertise in public policy, finance, infrastructure, and governance reforms. The appointment requires a Special Resolution (75% majority). E-voting runs from May 16 to June 14, 2026, with results on June 15, 2026. Cut-off date for eligible voters was May 8, 2026.
Appointment of an experienced former bureaucrat with strong government and regulatory connections could positively impact the company's governance and potential business development, especially in financial services and infrastructure lending.