Announced Fri, 29 May · 17:46 IST

Niraj Cement Structurals Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

NIRAJ · price

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Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹28.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.8+1.8+1.8-2.4-0.7+13.9+2.1
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AI summary

Niraj Cement Structurals Limited is seeking shareholder approval via postal ballot for the re-appointment of Mr. Partha Sarathi Raut as an Independent Director for a second term of 5 years (July 02, 2026 to July 01, 2031). The current term ends on July 01, 2026. Mr. Raut is a HR professional with over 35 years of experience and a Ph.D. in Management. He attended all 4 Board meetings during FY 2025-26. The re-appointment requires a Special Resolution (75% shareholder approval). Remote e-voting opens on June 01, 2026 and closes on June 30, 2026. The Nomination and Remuneration Committee has recommended his re-appointment based on positive performance evaluation. The company has received independence declaration from Mr. Raut confirming he meets criteria under Companies Act and SEBI regulations.

Likely market impact

This is a routine governance matter with minimal direct impact on stock price. Shareholders should vote to approve the re-appointment to maintain board independence and continuity. The company follows proper regulatory procedures.