ORIENT CERATECH LIMITED has informed the Exchange regarding Notice of Postal Ballot
ORIENTCER · price
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Orient Ceratech Limited has sent a Postal Ballot Notice to shareholders seeking approval through e-voting for two key resolutions. The first is to regularize the appointment of Mrs. Akhila Agnihotri Samdaria as a Non-Executive Independent Director for a 5-year term starting November 10, 2025; she is the founder of RA Studio, a design and branding firm. The second is to reappoint Mr. Manan Shah as Managing Director for another 5 years, from April 12, 2026 to April 11, 2031, with an annual salary of up to Rs. 87 lakh (overall cap of Rs. 1.25 crore) plus a performance commission of up to 7.5% of net profits. The e-voting window runs from January 8, 2026 (9:00 AM) to February 6, 2026 (5:00 PM), with results expected by February 10, 2026.
Both resolutions are routine governance items and unlikely to move the stock price materially. Shareholders with voting rights as of January 2, 2026 should participate in the e-voting to have their say on director appointments and the Managing Director's remuneration.