Palash Securities Limited has informed the Exchange regarding Notice of Postal Ballot
PALASHSECU · price
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Palash Securities Limited is seeking shareholder approval via postal ballot for the appointment of Mr. Suraj Kumar Agrawal (DIN: 03260442) as Director and Managing Director of the Company. Mr. Agrawal is a Chartered Accountant with over 21 years of experience in finance, accounting, risk management, and internal controls. He was appointed as Additional Director by the Board on March 30, 2026. The proposed appointment as Managing Director is for a term of 3 years (March 30, 2026 to March 29, 2029) without any remuneration. Remote e-voting commenced on April 25, 2026 and ends on May 24, 2026, with results to be announced within two working days thereafter.
The appointment brings an experienced finance professional to lead the company as Managing Director. Since the position carries no remuneration, it suggests a cost-conscious approach to leadership while potentially strengthening the company's financial oversight and compliance functions.