ONMOBILENSEOnMobile Global Limited· Telecommunication - ServicesMediumNeutral
Announced Mon, 23 Mar · 15:47 IST

Notice of the Postal Ballot dated March 20, 2026, along with the explanatory statement seeking approval of shareholders of the Company is enclosed.

Board & Shareholder Meetings View source PDF

ONMOBILE · price

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Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹46.16
prior close
₹47.00
base price
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-0.5+0.2-0.0-0.4-1.9-2.1-11.4-7.9-4.7-9.0+2.9+19.2+11.6+21.9
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AI summary

OnMobile Global Limited has issued a Postal Ballot Notice dated March 20, 2026, seeking shareholder approval for the appointment of Manoranjan Mohapatra (Mao) (DIN: 00043930) as a Non-Executive Independent Director for a 5-year term from February 5, 2026 to February 4, 2031. He was earlier appointed as an Additional Director on February 5, 2026, subject to shareholder approval. Mr. Mohapatra is a seasoned technology executive with over 40 years of experience, including a long stint as CEO of Comviva Technologies (2007-2024) where he led 20x growth to serve 120+ customers across 80 countries, and as President & COO of Aricent Technologies where he scaled revenues beyond $500 million. E-voting opens on March 24, 2026 and closes on April 22, 2026, with results to be announced by April 24, 2026. The resolution will be passed as a Special Resolution.

Likely market impact

Routine governance matter — appointment of an experienced independent director with strong telecom and fintech background strengthens the board's expertise. No direct material impact on shareholders or stock price is expected, though it signals continuity in governance oversight.