Ganesh Consumer Products Limited has informed the Exchange regarding Notice of Postal Ballot
GANESHCP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ganesh Consumer Products Limited has issued a Postal Ballot Notice seeking shareholder approval for two director appointments. The first resolution (Special) is to appoint Mr. Rajiv Nitin Mehta (DIN: 00697109) as an Independent Director for a five-year term from March 16, 2026 to March 14, 2031; he brings 20+ years of experience across consumer brands, retail and venture capital, having led Puma South Asia and served as CEO of Stove Kraft Ltd during its 2021 IPO. The second resolution (Ordinary) is to appoint Mr. Devansh Mimani (DIN: 11581745) as a Non-Executive Non-Independent Director, liable to retire by rotation, effective March 16, 2026; he currently leads marketing and digital initiatives at the company and is part of the promoter family (related to Manish Mimani and Madhu Mimani). Voting will be conducted electronically via NSDL from March 26, 2026 to April 24, 2026, with the cut-off date for eligibility set at March 20, 2026. Results will be announced within two working days after the e-voting closes, with Mr. Navin Kothari appointed as scrutinizer.
The appointment of an Independent Director with strong FMCG, retail and capital markets experience could strengthen corporate governance and add strategic value. The induction of Devansh Mimani signals continued promoter family involvement in the company's next-generation leadership. Neither resolution involves financial dilution or capital changes, so direct impact on share price is expected to be limited; shareholders should review the board composition implications before voting.