Announced Tue, 16 Jun · 18:22 IST
Postal Ballot: Re-appointment of 2 Independent Directors & CMD Appointment
Management Changes View source PDF
RAJMET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹3.79
prior close
₹3.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+1.9+1.9+2.1+1.1+0.3+1.6-0.5-0.8-2.9-4.0-10.8——
Up moveDown movePending
AI summary
Rajnandini Metal has issued a postal ballot for three items: re-appointment of Mr. Sanjeev Chhaudha as Independent Director for a 2nd term of 5 years (Nov 2025–Nov 2030), re-appointment of Mr. Arun Sharma as Independent Director for a 2nd term of 5 years (Mar 2026–Mar 2031), and appointment of Mr. Ashok Kalra as Chairman and MD for 3 years (Feb 2026–Feb 2029) with Rs. 4 lakh/month basic salary. E-voting: Jun 17–Jul 16, 2026; results Jul 17.
Likely market impact
Shareholders will vote on re-appointing two independent directors and elevating existing Executive Director Ashok Kalra to Chairman and MD. Routine governance matters.