BSEHindusthan Udyog LtdMediumNeutral
Announced Mon, 2 Mar · 17:44 IST

Postal Ballot Notice in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hindusthan Udyog Ltd has issued a Postal Ballot Notice dated 26 February 2026 seeking shareholder approval for the re-appointment of Mr. S.K. Roychowdhury (DIN: 09116850) as an Independent Director. He is being re-appointed for a second term of five consecutive years starting 2 April 2026, as his current term expires on 1 April 2026. Because he is over 75 years of age (born December 1947), a Special Resolution is required under Regulation 17(1A) of the SEBI LODR. The e-voting window runs from 3 March 2026 to 1 April 2026, with the cut-off date being 27 February 2026 and results to be declared on 2 April 2026. Mr. Roychowdhury holds a B.Tech in Metallurgical Engineering from IIT Kharagpur and has extensive experience in engineering/foundry and marketing management.

Likely market impact

This is a routine governance matter with no material impact on shareholders or the stock. Re-appointment of an existing independent director simply ensures continuity on the board; the Special Resolution requirement is purely procedural due to his age.