Notice of Postal Ballot and details of Remote e-voting
Awaiting price reaction for this filing.
Valecha Engineering Limited has issued a Postal Ballot Notice seeking shareholder approval for appointing Mr. Aniruddh Shrikhande (DIN: 11387324) as a Non-Executive Independent Director for a first term of five consecutive years, from November 18, 2025 to November 17, 2030. The proposal will be passed as a Special Resolution through remote e-voting only. The e-voting window opens on February 28, 2026 at 9:00 AM IST and closes on March 29, 2026 at 5:00 PM IST, with February 20, 2026 set as the cut-off date to determine eligible voters. Mr. Shrikhande, aged 44, holds an MBA and has experience in stock broking, asset management companies and share market operations. He holds no shares in the company and has no other listed directorships. The scrutinizer for the postal ballot process is CS Rohit Periwal.
Shareholders will get to vote on adding a new Independent Director to the board. Routine board-composition changes like this typically have no immediate impact on stock price, but reflect governance practice of filling board roles through shareholder approval.