Public Notice by way of Advertisement in News papers
Awaiting price reaction for this filing.
Valecha Engineering has informed the stock exchanges that it published newspaper advertisements on March 4, 2026 in Active Times (English) and Mumbai Mitra (Marathi) confirming the dispatch of its Postal Ballot Notice. The Postal Ballot seeks shareholder approval for the appointment of Mr. Aniruddh Shrikhande (DIN: 11387324) as a Non-Executive Independent Director for his first term, to be passed as a Special Resolution. The cut-off date for eligibility to vote is February 20, 2026, and remote e-voting will run from February 28, 2026 (9:00 AM) to March 29, 2026 (5:00 PM) via NSDL. Mr. Rohit Periwal (FCS 12203, CP 22021) has been appointed as the Scrutinizer to oversee the voting process.
This is a routine regulatory disclosure confirming that shareholders have been notified about a postal ballot to appoint a new Independent Director. The appointment of an Independent Director is a positive governance signal, but it is unlikely to have a material impact on the stock price. Shareholders should ensure their KYC and email details are updated to participate in the e-voting before March 29, 2026.