Announced Tue, 30 Jun · 19:13 IST
Postal ballot for re-appointment of Independent Director
Management Changes View source PDF
ELECON · price
▲ 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
+1.2%1-day move
₹533.55
prior close
₹540.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0+0.7+0.7+1.2-1.9-0.5-4.5-6.4-4.4-18.2———
Up moveDown movePending
AI summary
Elecon Engineering has issued a postal ballot notice seeking shareholder approval for re-appointment of Mr. Pranav C. Amin (DIN: 00245099) as Non-Executive Independent Director for a second term of five years from 22nd June 2026. His first term ended 26th May 2026. E-voting runs 2nd July to 31st July 2026. He is currently MD of Alembic Pharmaceuticals. Drawn sitting fees and commission totalling Rs 19.72 Lakhs in FY26. Holds no shares in Elecon.
Likely market impact
Routine governance matter; seeks member approval to retain an existing Independent Director for a second five year term.