Intimation of Notice of Postal Ballot
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PNGS Gargi Fashion Jewellery has sent out a Postal Ballot notice to shareholders seeking approval for the re-appointment of Mr. Prasad Prabhakar Ghodke as Manager of the company for a 5-year term from November 3, 2025 to November 2, 2030. His proposed remuneration will be in the range of Rs. 15 lakh to Rs. 30 lakh per annum, compared to Rs. 12.82 lakh drawn in FY25. Mr. Ghodke, aged 39, has been with the company since December 2021 and was first appointed as Manager in November 2022. E-voting for the resolution runs from September 29, 2025 to October 28, 2025. The company shared financial highlights showing revenue growth from Rs. 28.67 crore (FY23) to Rs. 126.35 crore (FY25), with profit after tax rising from Rs. 4.69 crore to Rs. 28.81 crore over the same period.
This is a routine managerial re-appointment with no governance red flags; the proposed pay range is modest relative to the company's strong growth and profitability, so neutral to mildly positive for shareholders.