Notice of Postal ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Piccadily Sugar & Allied Industries is seeking shareholder approval via postal ballot for two items: (1) Appointment of Ms. Renu Rawat as an Independent Director for a 5-year term (08 May 2026 to 07 May 2031). She was appointed as an Additional Director by the Board on 08 May 2026 and currently serves as an Independent Director on several other boards including JCBL Limited, Syschem (India) Limited, and Orient Craft Infrastructure Limited. She holds 1,440 shares in the company. (2) Appointment of M/s Rattan Kaur & Associates as Statutory Auditors to fill a casual vacancy. The previous auditors, M/s Jain & Associates, resigned on 27 April 2026 citing personal reasons and non-renewal of their Peer Review Certificate. The new auditors will hold office until the conclusion of the forthcoming AGM. Voting closes on 17 June 2026.
The mid-term resignation of the statutory auditor and subsequent replacement is a routine but notable governance event. The appointment of a new independent director strengthens board composition. Neither change is expected to have immediate material impact on stock price, though the auditor change addresses a compliance gap.