Notice of Postal Ballot
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Awaiting price reaction for this filing.
Kaycee Industries has issued a Postal Ballot notice seeking shareholder approval for the appointment of Mr. Raman Krishnamoorthy (DIN: 10766058) as Whole Time Director for a three-year term effective August 2, 2025 to August 1, 2028. The proposed remuneration includes a monthly salary of Rs. 2,65,000 with an annual increment of Rs. 25,000, along with standard perquisites such as PF, gratuity, medical benefits, car, and travel reimbursement. Mr. Krishnamoorthy, aged 52, has been serving the company as Chief Operating Officer cum Manager since May 2021 and draws Rs. 26.18 Lakhs in FY24-25; he holds B.A., M.Com, PGD in Financial Management, and MBA (Finance) with over 25 years of experience across banking, healthcare, and manufacturing. E-voting opens on September 27, 2025 and closes on October 26, 2025, with results to be announced by October 28, 2025. The resolution is proposed as a Special Resolution.
Routine governance item with no immediate material impact on shareholders; the appointee is already part of senior management, so the change formalises his role rather than introducing new leadership. Watch for the e-voting outcome by October 28, 2025 — rejection would be unusual but unlikely to move the stock materially.