Announced Mon, 22 Jun · 17:56 IST
Postal ballot: MD appointment and new statutory auditor
Board & Shareholder Meetings View source PDF
EMPOWER · 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
+7.4%1-day move
₹2.04
prior close
₹2.14
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+7.4+11.8+16.7+21.6+19.6+9.3+12.7+15.2——
Up moveDown movePending
AI summary
Empower India has sent a postal ballot notice dated 19 June 2026 seeking shareholder approval for two items. First, appointment of Rajesh Chavan as Managing Director for 5 years from 27 April 2026 with remuneration up to Rs 5 lakh per year. Second, appointment of Nagadheep Sathyanarayana and Co as Statutory Auditors for FY26, filling the casual vacancy from the resignation of the previous auditor. E-voting runs from 25 June to 24 July 2026.
Likely market impact
Routine governance items. New MD for 5 years and auditor change via casual vacancy. Limited share price impact expected.