Announced Tue, 31 Mar · 17:19 IST

Reliance Chemotex Industries Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

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₹105.17
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AI summary

Reliance Chemotex Industries has issued a Postal Ballot Notice seeking shareholder approval for the re-appointment of Mr. Ram Niwas Sharma (DIN: 00368947) as a Non-Executive Independent Director for a second consecutive term of five years, from February 10, 2026 to February 09, 2031. Mr. Sharma, aged 78, holds a Bachelor's degree in Textile Technology and brings over 53 years of experience in the textile industry. Since he is over 75 years old, his continuation on the board requires a special resolution under SEBI's Regulation 17(1A). The e-voting window runs from April 1, 2026 (9:00 AM) to April 30, 2026 (5:00 PM), with the cut-off date for eligible members set as March 27, 2026. The scrutinizer appointed is M/s Ronak Jhuthawat & Co, Practicing Company Secretary.

Likely market impact

This is a routine governance matter requiring shareholder approval. The re-appointment of an experienced textile industry veteran is likely to be viewed positively for board continuity. The outcome of the postal ballot will be announced within two working days after voting closes on April 30, 2026.