Notice of Postal ballot is attached herewith.
RPSGVENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RPSG Ventures Ltd is seeking shareholder approval via postal ballot for two resolutions concerning the appointment of Mr. Sudip Kumar Ghosh. First, an Ordinary Resolution to appoint him as a Director (he is currently Additional Director since April 1, 2026). Second, a Special Resolution to appoint him as Whole-time Director for 3 years starting April 1, 2026 at an annual remuneration of Rs. 2.24 crore (Rs. 0.70 crore salary plus Rs. 1.54 crore perquisites). Mr. Ghosh is 57 years old, has 33+ years of experience in financial management and corporate governance, and has been the Company's Secretary for 8 years. He holds 10 equity shares and is not related to any directors or promoters. The company reported FY25 total income of Rs. 415.87 crore with PAT of Rs. 148.37 crore, up from Rs. 321.06 crore income in FY24. E-voting runs from May 21 to June 19, 2026.
Shareholders should vote on whether to approve the promotion of an insider (current Company Secretary) to the Board with significant remuneration. The appointment of Mr. Ghosh as Whole-time Director will make him a Key Managerial Personnel with executive responsibilities, which could impact corporate governance structure and operational oversight.