Kaushalya Infrastructure Development Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/06/2025 ,inter alia, to consider and approve ....
KAUSHALYA · price
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Awaiting price reaction for this filing.
The Board of Directors of Kaushalya Infrastructure Development Corporation is scheduled to meet on 28 June 2025 to consider several items. These include approving a Postal Ballot Notice and related calendar of events, re-appointing three Whole-time Directors — Mr. Mahesh Mehra, Mr. Tarak Nath Mishra, and Mr. Sanjay Lal Gupta — and seeking shareholder approval for the continuation of Mr. Mahesh Mehra as Director beyond 70 years and Mr. Ram Krishna Mondal as Independent Director beyond 75 years. The Postal Ballot route is being used to obtain shareholder approval, which is required under SEBI rules for directors continuing past these age thresholds.
This is largely a procedural filing with no major surprises — it involves re-appointments of existing directors and seeking shareholder approval via postal ballot. Investors should watch the postal ballot outcome, especially the votes on continuation of directors aged 70+ and 75+, as rejection could create board composition uncertainty.