Intimation of Postal Ballot Notice dated 30.08.2025
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Softsol India Limited (BSE Scrip Code: 532344) has issued a Postal Ballot Notice dated August 30, 2025, seeking shareholder approval through e-voting for two resolutions. Resolution 1 is the appointment of Mr. Aravind Kumar Madala (DIN: 06994824) as a Director of the Company (Ordinary Resolution). Resolution 2 is his appointment as Managing Director for a five-year term from September 1, 2025 to August 31, 2030, with a fixed salary of Rs. 2,00,000 per month plus standard perquisites, subject to shareholder approval (Special Resolution). Mr. Aravind Kumar Madala is a General Physician (MBBS, MD) with over 19 years of experience and is the brother of existing Director Mr. Srinivasa Rao Madala, indicating a promoter-family appointment. The e-voting window runs from October 17, 2025 (9:00 a.m. IST) to November 15, 2025 (5:00 p.m. IST), with the cut-off date for eligibility set as October 10, 2025.
This is a governance and succession event — a promoter-family member is being elevated to the Managing Director role with shareholder approval sought via postal ballot. The Rs. 2 lakh per month remuneration is modest, and the company reported healthy FY25 numbers (Revenue ~Rs. 18.67 cr, Net Profit ~Rs. 8.64 cr), suggesting no material financial impact on shareholders. Investors should note the related-party nature of the appointment and review the outcome of the e-voting on November 15, 2025.