Newspaper Advertisement dated April 10, 2025 of Notice of Postal Ballot in English- Business Standard (Kolkata and Mumbai) and Ekdin (Bengali).
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SMIFS Capital Markets Limited published a Postal Ballot Notice and e-voting advertisement in Business Standard (English, Kolkata and Mumbai editions) and Ek Din (Bengali) on April 10, 2025. The postal ballot seeks shareholder approval for three resolutions: appointment of Mr. Samarth Parekh (DIN: 00199598) as Director, his appointment as Joint Managing Director, and appointment of Mr. Anil Kumar Murarka (DIN: 00571568) as Non-Executive Independent Director. E-voting commenced on April 10, 2025 at 10:00 AM and ends on May 9, 2025 at 5:00 PM, with results to be announced by May 13, 2025. The cut-off date for determining eligible voters was April 4, 2025, and Mr. Sudhansu Sekhar Panigrahi has been appointed as the scrutinizer for the e-voting process.
Shareholders should review and exercise their voting rights on three key resolutions involving board appointments, including a new Joint Managing Director. The appointment of Mr. Samarth Parekh as JMD is a significant governance change that could influence the company's future direction.