Intimation of postal ballot notice
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Kimia Biosciences has sent out a postal ballot notice to shareholders seeking approval for the re-appointment of Mr. Sameer Goel (DIN: 00161786) as Managing Director for a fresh 5-year term starting March 29, 2026 to March 28, 2031. Mr. Goel is the founder of the company and holds 3,54,55,776 equity shares (face value Re 1), making him a key promoter. His last drawn remuneration for FY2024-25 was Rs 50 Lakhs (salary, benefits, perquisites, allowances and commission). Voting will be conducted electronically through NSDL from February 20, 2026 to March 21, 2026, with the result to be declared within two working days thereafter. The resolution is being moved as an Ordinary Resolution, recommended by the Nomination and Remuneration Committee and approved by the Board on February 14, 2026.
This is a routine governance item seeking shareholder consent for continuity of the founder-MD, and given Mr. Goel's large shareholding, approval is almost certain. For minority shareholders, the key point to watch is the detailed remuneration structure to be disclosed separately under SEBI LODR Regulation 51, as his last drawn pay was Rs 50 Lakhs with scope for performance-linked increments decided by the Board.