Announced Mon, 16 Feb · 13:56 IST

Pursunat to applicable provisions of SEBI(Listing Obligations and Disclosure Requirements)Regulations, 2015, pplease fimd enclosed herewith the Postal Ballot Notice alongwith the Explanatory ....

Board & Shareholder Meetings View source PDF

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Awaiting price reaction for this filing.

AI summary

Lyons Corporate Market Ltd has issued a Postal Ballot Notice seeking shareholder approval through remote e-voting for one special resolution: the appointment of Mrs. Madhu Jain (DIN: 07129506) as an Independent Director for a 5-year term effective from 30th December 2025. Mrs. Jain, aged 66, is a BA (Hons) graduate with experience in accounts and finance, currently serving as an Independent Director at The Ganges Manufacturing Company Ltd, and holds no shares in Lyons. The e-voting window runs from 18th February 2026 (9:00 AM) to 19th March 2026 (5:00 PM), with the cut-off date set as 6th February 2026. Results will be announced on or before 21st March 2026, and Mr. Babu Lal Patni has been appointed as the Scrutinizer. The notice was sent only via electronic mode in line with MCA circulars.

Likely market impact

This is a routine governance action to formalize the Board's earlier appointment of an Independent Director, with no impact on shareholding, financials, or operations. Shareholders eligible as of the 6th February 2026 cut-off date should vote via CDSL's e-voting platform before 19th March 2026.