Postal Ballot Notice under Section 110 of the Companies Ac 2013 - Disclosure / Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ....
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Sakthi Finance Ltd has issued a Postal Ballot Notice dated September 27, 2025, seeking shareholder approval through a Special Resolution for the appointment of Sri. Saurabh Jain (DIN: 02322422) as a Non-Executive, Independent Director of the Company. The appointment is for a term of five consecutive years, from September 27, 2025 to September 26, 2030, and he is not liable to retire by rotation. Mr. Jain is a 43-year-old Chartered Accountant with over 20 years of experience in finance, capital markets, investment banking, and advisory, and is the Founder and Director of Think Capital. He holds no equity shares in Sakthi Finance and was last paid ₹2,50,000 as sitting fees. The e-voting window runs from October 6, 2025 (9:00 a.m.) to November 4, 2025 (5:00 p.m.), with results to be announced on or before November 7, 2025.
This is a routine board appointment requiring shareholder approval via postal ballot. The induction of an experienced finance and capital markets professional could strengthen the board's expertise. The outcome of the postal ballot is expected to be procedural and is unlikely to materially affect the stock price.