Madhav Copper Limited has informed the Exchange regarding Notice of Postal Ballot
MCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Madhav Copper Limited has issued a Postal Ballot Notice to its members seeking approval for the re-appointment of Mrs. Dinal Ashokbhai Lakhani (DIN: 08753875) as an Independent Director for a second term of 5 consecutive years, from June 04, 2025 to June 03, 2030. Her first term is set to expire on June 03, 2025, and the Board, based on her performance and the Nomination and Remuneration Committee's recommendation, is seeking shareholder approval to continue her association. Mrs. Lakhani, aged 33, is a lawyer with over 7 years of experience specializing in criminal law. Members can vote through remote e-voting facility provided by NSDL, with the voting window open from April 26, 2025 (9:00 AM) to May 25, 2025 (5:00 PM). The cut-off date for determining eligible voters is April 18, 2025. CS Ranjit Kumar Singh has been appointed as the Scrutinizer to oversee the process.
This is a routine governance item requiring shareholder approval. The re-appointment of an Independent Director for a second 5-year term is largely procedural and unlikely to materially impact the stock price, though shareholders should review the candidate's profile and vote accordingly.