HP Adhesives Limited has informed the Exchange regarding Notice of Postal Ballot
HPAL · price
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Awaiting price reaction for this filing.
HP Adhesives Limited is seeking shareholder approval through a postal ballot to formally appoint Dr. Chandra Sekhar Nettem (DIN: 10646814) as a Non-Executive Independent Director for a 5-year term from 12th February 2026 to 11th February 2031. Dr. Nettem was initially appointed as an Additional Director on 12th February 2026 and now requires member approval via Special Resolution. He holds a PhD from the University of Cambridge and an MBA from the University of Chicago (Booth), with prior experience as COO of Sentini FloPipes and Director (Business Development) at Aliaxis-Ashirvad. The e-voting window runs from 2nd March 2026 (9:00 a.m.) to 31st March 2026 (5:00 p.m.), with results expected by 2nd April 2026. Dr. Nettem does not hold any shares in the company and is not related to any existing director or KMP.
This is a routine corporate governance action to onboard a new Independent Director. No material impact on stock price is expected, as it strengthens board composition without altering financials or operations. Shareholders are encouraged to vote during the e-voting window.