Postal Ballot Notice dated 23rd December, 2025 seeking approval for Re appointment of Mr. Jay Singh Bardia as the Managing Director of the Company.
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Krypton Industries has issued a Postal Ballot Notice seeking shareholder approval to re-appoint Mr. Jay Singh Bardia as Managing Director for a further 5-year term from January 1, 2026 to December 31, 2030. His current 3-year term, which began January 1, 2023, expires on December 31, 2025. Mr. Bardia is a promoter of the company and the father of Whole-time Director Digvijay Singh Bardia and CFO Siddhartha Bardia. His annual remuneration is being revised upward from Rs. 45 lakh to Rs. 60 lakh per annum, comprising a basic salary of Rs. 5 lakh per month plus Rs. 70,000 in perquisites. E-voting runs from December 30, 2025 to January 28, 2026, with the cut-off date for eligibility set as December 26, 2025.
This is a routine re-appointment of the existing promoter-MD, signalling continuity of leadership at Krypton Industries. The modest increase in remuneration and family-controlled board structure may be noted by shareholders but are unlikely to materially affect the stock price.