RALLISNSERallis India Limited· Pesticides And AgrochemicalsLowNeutral
Announced Fri, 13 Mar · 13:16 IST

Rallis India Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

RALLIS · price

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▲ 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
-4.7%1-day move
₹247.40
prior close
₹240.05
base price
In-mkt
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+0.0-0.0+0.2-0.4-4.7-3.6-1.4-2.2-3.5-5.8+4.3+3.9+7.5-7.5
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AI summary

Rallis India has sent out a Postal Ballot notice to shareholders seeking approval for the appointment of Mr. Ashok Hiralal Sharma (DIN: 02766679) as a Non-Executive Independent Director for a five-year term from February 10, 2026 to February 9, 2031. The Board had already appointed him as an Additional Director effective February 10, 2026, based on the Nomination and Remuneration Committee's recommendation, and now needs shareholder approval through a Special Resolution. Mr. Sharma is a veteran business leader with over 30 years of experience, most recently with the Mahindra Group (1998-2024), where he served as MD & CEO of Mahindra Agri Solutions from 2011 to 2023. Voting will be conducted electronically via NSDL from March 14, 2026 (9:00 AM) to April 12, 2026 (5:00 PM), with the cut-off date set as March 6, 2026 and results expected by April 14, 2026.

Likely market impact

This is a routine governance matter with no direct financial impact on shareholders. Shareholders as of March 6, 2026 should cast their e-vote during the voting window; the appointment brings deep agri-sector expertise to the Board given Sharma's prior leadership at Mahindra Agri Solutions.