Jai Balaji Industries Limited has informed the Exchange regarding Notice of Postal Ballot
JAIBALAJI · price
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Jai Balaji Industries Limited has issued a Postal Ballot Notice seeking shareholder approval to appoint Shri Pradip Kumar Tibdewal (DIN: 07977787) as a Non-Executive Independent Director for a 2-year term (16 April 2025 to 15 April 2027). He was initially appointed as an Additional Director on 16 April 2025, and the postal ballot is to formalize his appointment as a Special Resolution. Mr. Tibdewal is 66 years old, a BE-Mechanical Engineer from BIT Mesra and PGDBM from XLRI, with 39 years of experience including 25+ years at TATA Steel and senior roles at TRF Ltd and McNally Sayaji Engineering. The e-voting window runs from 16 May 2025 (10:00 AM) to 14 June 2025 (5:00 PM), with the cut-off date set at 9 May 2025.
This is a routine governance update with no material financial impact. Shareholders should note the e-voting window to exercise their vote on the director appointment; the resolution needs to be passed as a Special Resolution requiring a higher majority.