Notice of Postal Ballot dated 28.05.2025
Awaiting price reaction for this filing.
Sellwin Traders Ltd has issued a Postal Ballot Notice seeking shareholder approval to regularise the appointment of Mr. Vinodbhai Bhavanbhai Prajapati (DIN: 00388410) as Non-Executive Director for a five-year term from April 1, 2025 to March 31, 2030. He was initially appointed as an Additional Director on April 1, 2025 and this vote is required under Section 161 of the Companies Act, 2013. Shareholders can vote electronically through CDSL's e-voting platform between May 31, 2025 (9:00 AM) and June 29, 2025 (5:00 PM). The cut-off date to be eligible to vote is May 23, 2025. Mr. Prajapati is a 62-year-old graduate and businessman with 30 years of experience in agri-commodity trading and building development, and his son serves as the company's CFO.
This is a routine governance item seeking shareholder approval to formalise a board appointment. No major financial or strategic impact is expected — the result will simply confirm or reject the director's continuation on the board for the next five years.