Krsnaa Diagnostics Limited has informed the Exchange regarding Notice of Postal Ballot
KRSNAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krsnaa Diagnostics has issued a Postal Ballot notice to seek shareholder approval for the re-appointment of Mr. Rajendra Khivraj Mutha (DIN: 01066737) as Executive Chairman and Whole-time Director for a second consecutive term of 5 years, from April 26, 2026 to April 25, 2031. Mr. Mutha is the founding Promoter of the company and currently holds 80,29,920 equity shares. His proposed basic salary is Rs. 2.64 crore per annum, plus performance-linked bonus and standard perquisites, subject to statutory limits. The Board recommended the re-appointment on February 22, 2026, based on his role in building the company's public-private partnership (PPP) diagnostics network across India. E-voting runs from March 18, 2026 (9:00 AM) to April 16, 2026 (5:00 PM), with results expected within two working days after.
This is a routine re-appointment of the founding promoter and existing Executive Chairman, with no change in leadership. The proposed remuneration is in line with his current pay. The resolution is likely to pass comfortably given his significant shareholding and long-standing role; expect minimal stock reaction.