Postal ballot notice for increase in remuneration of Executive Director
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The Board of Directors on October 19, 2026 approved a Postal Ballot Notice seeking shareholder approval for an increase in the remuneration of Sh. Arun Mitter (DIN:00022941), Whole Time Director designated as Executive Director. The resolution is a Special Resolution. Remote e-voting will be conducted by CDSL from November 2, 2026 (9:00 a.m.) to December 1, 2026 (5:00 p.m.), with Alankit Assignments Limited as RTA. Cut-off date is October 23, 2026.
Existing Executive Director getting a pay hike, subject to shareholder approval via postal ballot. Minor governance event with limited impact on stock.