Manorama Industries Limited has informed the Exchange regarding Notice of Postal Ballot
MANORAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manorama Industries Limited has issued a Postal Ballot notice to shareholders seeking approval for a single special resolution. The resolution is to appoint Ms. Subhaprada Nishtala (DIN: 08124635) as a Non-Executive Independent Director for a 5-year term, from April 26, 2025 to April 25, 2030. Ms. Nishtala was initially appointed as an Additional Director on April 26, 2025, and this ballot seeks the shareholders' formal approval as required by SEBI LODR regulations. She is a food technology professional with over 25 years of experience in the food processing industry, including senior roles in food safety, regulatory affairs, and quality management.
This is a routine board strengthening move and is unlikely to materially affect the stock price. Shareholders will vote via e-voting between May 13, 2025 and June 11, 2025, with results expected by June 13, 2025.