Postal ballot for regularization of Independent Director appointment
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Engineering and Projects Ltd has issued a postal ballot notice seeking shareholder approval for the regularization of Mr. Abhijit Jayant Deshpande (DIN: 02926610) as Non-Executive Independent Director. He was initially appointed as Additional Director on May 12, 2026. The appointment is for a 5-year term, not liable to retire by rotation. He holds a B.E. in Electronics and Telecommunication and has over 35 years of experience in the power sector, including stints at Mahavitaran and as Secretary at MERC. Remote e-voting runs from July 10 to August 08, 2026, via CDSL.
Routine governance step to formalize an independent director already on the board. Filled by an experienced power sector professional. No material price impact expected.