Intimation under Regulation 30 of SEBI(Listing Obligations and Disclosures Requirement)Regulation 2015-modification in Postal Ballot notice
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On February 16, 2026, the Board of Kimia Biosciences Ltd modified the agenda of a Postal Ballot Notice that had been originally approved just two days earlier on February 14, 2026. The revised notice will now contain only one special business item: the re-appointment of Mr. Sameer Goel (DIN: 00161786) as Managing Director for a five-year term. The company has withdrawn the proposed regularisation of Mr. Kaku Vijaya Shekhar Reddy (DIN: 00800172) as Whole-time Director, placing that item on hold citing administrative and internal considerations. The Board meeting ran from 4:30 PM to 5:00 PM, and the revised Postal Ballot Notice will be circulated to shareholders in due course.
Shareholders will now vote only on the re-appointment of Mr. Goel as Managing Director, removing the proposed addition of Mr. Reddy to the board. The deferral of Mr. Reddy's appointment may signal internal differences or unresolved administrative matters, but it is unlikely to materially affect the stock in the near term as the core leadership is being retained.