REMSONSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Remsons Industries has issued a Postal Ballot Notice seeking shareholder approval for the re-appointment of Mr. Rahul Kejriwal as Whole Time Director for a further period of 5 years, from 1st June 2025 to 31st May 2030. His proposed remuneration is Rs. 65.28 lakh per annum (up from Rs. 61.15 lakh drawn in FY2024-25), covering a 1-year period from June 2025 to May 2026, with the Board retaining authority to revise it later. Mr. Kejriwal, aged 46, holds 15.81 lakh equity shares in the company and is the son of Chairman & MD Krishna Kejriwal and Whole Time Director Chand Kejriwal. E-voting will run from 31st July to 29th August 2025, with results announced on 30th August 2025.
This is a routine governance item – the promoter-family director is being re-appointed by shareholder vote, so there is no surprise. The modest ~6.7% hike in remuneration is unlikely to materially affect shareholders. Watch the e-voting outcome on 30th August; rejection would be a governance red flag given the family's controlling role.