GFLLIMITEDNSEGFL LimitedLowNeutral
Announced Thu, 19 Mar · 16:18 IST

Clarification regarding Postal Ballot Notice dated February 12, 2026.

Board & Shareholder Meetings View source PDF

GFLLIMITED · price

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▲ 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
-5.1%1-day move
₹44.01
prior close
₹43.63
base price
After-mkt
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+4.4+3.1+3.1+2.2-5.1-7.8-6.8-10.7-14.9-8.3+7.9+8.8+4.5+6.8
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AI summary

GFL Limited has issued a clarification in response to its earlier Postal Ballot Notice dated February 12, 2026, which sought shareholder approval for a special resolution. The company has clarified that no perquisites — including Medical Reimbursement and Leave Travel Concession — will be paid to Mr. Pavan Kumar Jain, the Chairman and Managing Director. This clarification has been made under SEBI Listing Obligations and Disclosure Requirements Regulation 30 and submitted to both BSE and NSE. The filing is signed by the Company Secretary & Compliance Officer, Lakhan Laxmi Rajam Shamala, on March 19, 2026.

Likely market impact

This is a governance clarification and does not materially affect financials. Shareholders voting on the postal ballot can now be assured that the CMD will not receive these additional perquisites, which is a neutral-to-positive signal on cost discipline at the top management level.