Quality Power Electrical Equipments Limited has informed the Exchange regarding Notice of Postal Ballot
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Quality Power Electrical Equipments Limited has issued a Postal Ballot Notice seeking shareholder approval for the re-appointment of Mr. Rajendra Sheshadri Iyer (DIN: 09319795) as an Independent Director for a second term of 5 consecutive years, from 15th February 2026 to 14th February 2031. Mr. Iyer, aged 55, holds a bachelor's degree in engineering and has over 7 years of experience from prior roles at ABB, Grid Solutions SAS, and GE Corporate UK. He will receive a commission of Rs. 44 lakhs per annum, same as his current remuneration. The e-voting window opens on 14th March 2026 and closes on 12th April 2026, with the cut-off date set as 6th March 2026.
This is a routine governance item and is unlikely to have a material impact on the stock price. Shareholders are encouraged to vote via remote e-voting before 12th April 2026.