Copy of Newspaper Publication regarding the information of Postal Ballot Notice including remote e-voting process.
GRWRHITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Garware Hi-Tech Films has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting for two special resolutions. First, the appointment of Ms. Sonan Rajesh Michta (DIN: 11485935) as an Independent Director. Second, the re-appointment of Ms. Monika Gajra (DIN: 00143400) as Vice-Chairperson and Joint Managing Director, including minimum remuneration provisions in case of inadequate profits. The e-voting period runs from May 25, 2026 to June 23, 2026, with results to be declared by June 25, 2026. The notice was published in The Indian Express and Loksatta newspapers on May 23, 2026. Separately, the company reported standalone net profit after tax of ₹192.03 crore for FY2026 and the Board recommended a final dividend of ₹0.70 per share (face value ₹2), in addition to the already paid interim dividend of ₹1.20 per share.
Shareholders should cast their votes on these resolutions before June 23, 2026. The appointments, if approved, will strengthen the company's board and leadership. The dividend recommendation signals positive financial health.