Gland Pharma Limited has informed the Exchange regarding Notice of Postal Ballot
GLAND · price
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Gland Pharma Limited has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting for reappointing Ms. Naina Lal Kidwai as an Independent Director for a second term of 5 years (May 17, 2026 to May 16, 2031). The resolution also seeks approval to pay her a commission of 0.25% on Audited Net Profits, capped at INR 10 million per annum for financial years 2026-27 to 2030-31. The e-voting period runs from April 14, 2026 to May 13, 2026, with results to be announced by May 15, 2026. This is a Special Resolution requiring majority shareholder approval.
This is a routine corporate governance matter. The reappointment of Ms. Kidwai maintains board continuity and independence. Shareholders should note the voting deadline and participate accordingly. The stock is unlikely to see any significant movement based solely on this filing.