RPSGVENTNSERPSG VENTURES LIMITEDMediumNeutral
Announced Wed, 20 May · 15:03 IST

RPSG VENTURES LIMITED has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

RPSGVENT · price

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹935.00
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₹943.60
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AI summary

RPSG Ventures Limited is seeking shareholder approval via postal ballot (e-voting from May 21 to June 19, 2026) for appointing Mr. Sudip Kumar Ghosh as a Director and Whole-time Director for 3 years effective April 1, 2026. Ghosh, currently the Company Secretary and Compliance Officer, has over 33 years of experience in financial management and corporate governance, holding memberships in ICAI, ICMA, and ICSI. His proposed total remuneration is Rs. 2.24 crore per annum (Rs. 0.70 crore salary + Rs. 1.54 crore perquisites). The company reported FY 2024-25 revenue of Rs. 415.87 crore with PAT of Rs. 148.37 crore, up from Rs. 321.06 crore revenue and Rs. 129.32 crore PAT in FY 2023-24. The appointment requires an Ordinary Resolution for directorship and a Special Resolution for the Whole-time Director role.

Likely market impact

Shareholders should vote on whether to approve promoting the Company Secretary to a senior executive role with a 3-year tenure and Rs. 2.24 crore annual remuneration package. This is a routine governance matter but establishes Ghosh as a key management personnel.