Nilkamal Limited has informed the Exchange regarding Notice of Postal Ballot
NILKAMAL · price
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Nilkamal Limited has issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Gautam G. Chakravarti (DIN 00004399) as a Non-Executive Independent Director for a term of five consecutive years, from July 29, 2025 to July 28, 2030. Mr. Chakravarti was initially appointed by the Board as an Additional Director effective July 29, 2025, and the Postal Ballot is being conducted to regularize and confirm his appointment through a Special Resolution. Since he is 72 and will turn 75 during his tenure, the resolution also satisfies the SEBI Regulation 17(1A) requirement for continuing directors over 75. He brings 49+ years of corporate experience spanning HUL, Mahindra & Mahindra, Reliance Communications, Blackstone India, and Mafatlal Industries. The e-voting window runs from August 25, 2025 (9:00 a.m.) to September 23, 2025 (5:00 p.m.), with results expected by September 25, 2025.
This is a routine governance exercise to formalize a board-level appointment. There is no direct financial impact on shareholders, but the addition of an experienced independent director with a strong corporate strategy and HR background may strengthen board oversight. Shareholders should ensure their email IDs are registered with the company/depositories to participate in the e-voting.