Pitti Engineering Limited has informed the Exchange regarding Notice of Postal Ballot
PITTIENG · price
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Pitti Engineering Limited has sent out a Postal Ballot Notice to its members seeking approval to appoint Shri Gummalla Vijaya Kumar (DIN: 00780356) as a Non-Executive Non-Independent Director, liable to retire by rotation, with effect from 5th February 2026. He was initially appointed as an Additional Director by the Board on 5th February 2026, subject to shareholder approval. He is 70 years old, holds B.Com and LLB degrees, and has over four decades of legal experience, including previously serving as an Independent Director of the company from September 2014 to September 2024. E-voting will be open from 9:00 AM on 6th March 2026 to 5:00 PM on 4th April 2026, and results will be declared on or before 7th April 2026. Only one ordinary resolution is on the ballot, and the current Board has six directors (two executive and four independent).
This is a routine governance action to formalise a director's appointment, with no financial or operational impact on shareholders. The outcome is likely a procedural formality as the appointee has a long-standing association with the company.