Postal Ballot Notice - Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
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Narmada Gelatines has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting to allow Mr. Kailasam Krishnamoorthy (DIN: 02797916) to continue as Non-Executive Independent Director beyond the age of 75 years, as required under SEBI LODR Regulation 17(1A). Mr. Krishnamoorthy turns 75 on December 26, 2025, and was originally appointed on September 21, 2021. His continuation is sought till the conclusion of the 65th AGM or September 20, 2026, whichever is earlier. The e-voting window runs from November 25, 2025 (9:00 a.m.) to December 24, 2025 (5:00 p.m.), with results expected by December 26, 2025. The board cites his expertise in restructuring, M&A, resource mobilization, and corporate governance as the rationale for continuation. He holds no shares in the company and has no other listed-company directorships.
This is a routine governance compliance requirement — SEBI rules mandate a special shareholder resolution for any non-executive director continuing past 75. No material change for shareholders; the outcome is unlikely to affect stock price or operations.