Please find enclosed herewith.
JAMNAAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jamna Auto Industries Ltd has issued a Postal Ballot Notice for shareholders to vote on the re-appointment of Mr. Gautam Mukherjee as an Independent Director for a second term of 5 years (May 31, 2026 to May 30, 2031). Mr. Mukherjee, 68, who has been on the Board since May 2021, has extensive experience in banking, industrial finance, and the automobile sector, having worked at SBI, Economic Times, ICICI Bank, ING Vysya Bank, and previously served as President-Finance at Jamna Auto from 2008-2012. The company has engaged NSDL for remote e-voting, which will be open from June 1 to June 30, 2026. The Nomination and Remuneration Committee and Board have recommended his re-appointment, and Mr. Mukherjee has confirmed he meets independence criteria. He holds 64,000 equity shares in the company.
This is a routine governance matter with no material impact on the stock. The re-appointment ensures continuity of board expertise in banking and finance, which could be viewed positively for corporate governance standards.