Announced Thu, 2 Jul · 17:46 IST
Postal Ballot: 6 Resolutions on Directors, Remuneration and 1000 Cr Borrowing Hike
Board & Shareholder Meetings View source PDF
Price
▲ 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
-6.2%1-day move
₹291.00
prior close
₹293.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—-4.0——-6.2-6.7-8.2-13.0-15.4-5.5-0.4———
Up moveDown movePending
AI summary
ITCONS E-Solutions Postal Ballot: 6 special resolutions via electronic voting from July 3 to August 1, 2026 (results by Aug 3). These include: 1) Change Mr. Adit Mittal from Non-Executive to Executive Director for 5 years at Rs 36 lakh salary, 2) Re-appoint Mrs. Nikky Gupta as Independent Director, 3) Revise MD and CEO Mr. Gaurav Mittal's salary to Rs 60 lakh, and 4-6) Raise borrowing, lending and investment limits to Rs 1000 crore each.
Likely market impact
Director pay and roles expand; company gains higher borrowing, lending and investment caps. Outcome due by August 3, 2026.