Prudent Corporate Advisory Services Limited has informed the Exchange regarding Notice of Postal Ballot

Prudent Corporate Advisory Services Limited is seeking shareholder approval via postal ballot for two resolutions: (1) appointment of Mr. Chirag Ashwinkumar Shah as Non-Executive, Non-Independent Director effective July 22, 2026, and (2) payment of commission up to Rs. 2.50 crore to Mr. Shah for FY 2026-27. Mr. Shah previously served as Whole-Time Director from July 2021 and transitioned to Non-Executive Director in October 2024. The proposed commission exceeds 50% of total remuneration payable to all Non-Executive Directors, requiring a special resolution under SEBI LODR regulations. He holds 19,000 equity shares and serves as a Director at Gennext Insurance Brokers Private Limited (wholly owned subsidiary). The commission for FY 2025-26 was Rs. 75 lakhs. Remote e-voting period runs from May 13, 2026 to June 11, 2026.