We enclosed, in terms of Regulation 30 of the SEBI LODR, a copy of the Postal Ballot Notice dated 23rd December, 2025 along with the Explanatory Statement thereto, seeking approval from ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Krypton Industries has sent a Postal Ballot Notice to shareholders seeking approval to re-appoint Mr. Jay Singh Bardia (DIN: 00467932) as Managing Director for a further 5-year term from 1 January 2026 to 31 December 2030. His current tenure as Executive Chairman is expiring on 31 December 2025, and the Board, based on the Nomination and Remuneration Committee's recommendation, has proposed his re-appointment at the December 23, 2025 board meeting. His remuneration is proposed to be revised upward from Rs. 45 lakh per annum to Rs. 60 lakh per annum (Rs. 5 lakh basic salary + Rs. 70,000 perquisites per month), requiring shareholder approval since it exceeds Section 197 limits. E-voting through CDSL runs from 30 December 2025 (9:00 AM) to 28 January 2026 (5:00 PM), with 26 December 2025 as the cut-off date for eligibility.
This is a routine re-appointment of the existing promoter-MD with a moderate pay hike (~33% increase). Shareholders holding shares as of 26 December 2025 can vote via CDSL e-voting; outcome is expected to be largely a formality given the promoter family controls the board.