Please find attached Notice of postal Ballot

GENCON · price

Loading chart…

▲ 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

-1.9%1-day move

₹40.10

prior close

₹40.15

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.6+1.1-0.9-1.7-1.9+0.5-0.2-0.3-2.5-1.6+0.7+9.9——

Up moveDown movePending

AI summary

Generic Engineering Construction and Projects Ltd is seeking shareholder approval via postal ballot for two director appointments. First, Mr. Rajesh Kumar Yadav (61, Mechanical Engineer with 35 years experience) is proposed as Non-Executive Independent Director for 5 years. Second, Mrs. Shital Laxmikant Lokhande (40, MBA from IIM Ahmedabad) currently serving as CFO, is being elevated to Executive Whole-time Director for 5 years with a salary of Rs 1.30 lakh per month plus 0.80% commission on net profits. Both appointments are effective April 1, 2026. Remote e-voting runs from May 27, 2026 to June 25, 2026.

Likely market impact

These are routine board appointments expanding the company's leadership. Mrs. Lokhande's promotion from CFO to Executive Director represents an internal promotion, while Mr. Yadav brings external expertise as an independent director. Both strengthen the board composition with no immediate material impact on stock price expected.