Notice of Postal Ballot by way or remote e-voting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
My Money Securities Limited has issued a Postal Ballot Notice seeking shareholder approval through remote e-voting on two special business items. First, the appointment of Mr. Rakesh (DIN: 11331598) as a Non-Executive Independent Director for a 5-year term from January 29, 2026 to January 28, 2031; he is a Company Secretary and LLB with over a decade of experience in governance and compliance. Second, continuation of an existing Lease and Rent Agreement at the registered office (10-A, Under Hill Lane, Civil Lines, Delhi) for the remaining 6-year term (April 2026 to March 2032), originally signed with promoter Late Mr. Govind Narain Seth who passed away on January 6, 2026, now being transferred to his wife and legal heir Mrs. Rajni Seth on the same terms. The aggregate transaction value is Rs. 47.6 lakhs (Rs. 6 lakhs per year), representing 3.23% of the company's annual consolidated turnover. E-voting runs from February 22, 2026 to March 23, 2026, with results to be announced by March 25, 2026.
Routine governance action with no material impact on shareholders. The Independent Director appointment strengthens board oversight, while the lease continuation simply ensures uninterrupted use of the registered office on existing terms; related parties (promoters Sanjai Seth and Vikas Seth) cannot vote on Item 2.