Indian Terrain Fashions Limited has informed the Exchange regarding Outcome of Postal Ballot
INDTERRAIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indian Terrain Fashions Limited's shareholders, through a postal ballot concluded on 28th May 2026, approved three director changes with requisite majority. The key outcomes are: (1) appointment of Mr. J Suresh (DIN: 10664467) as a Non-Executive Independent Director for a 5-year term effective 21st April 2026; (2) re-appointment of Mr. Venkatesh Rajagopal as Executive Chairman and Whole-time Director for 3 years effective 8th August 2026, with revised remuneration; and (3) re-appointment of Mr. Charath Ram Narsimhan as Managing Director and CEO for 3 years effective 8th August 2026, with revised remuneration. All three appointees have been confirmed as not debarred from holding director positions under SEBI regulations. Mr. Venkatesh Rajagopal is married to Mrs. Rama Rajagopal, an existing Non-Executive Non-Independent Director on the board.
The continuity of leadership with re-appointments of both the Executive Chairman and Managing Director/CEO is a stable signal for the company. The appointment of an Independent Director with a distinguished background in public service (former IRS officer) may strengthen board governance.