Announced Tue, 16 Jun · 15:51 IST
Postal Ballot Notice: Re-appointment of two Independent Directors
Management Changes View source PDF
SALZERELEC · price
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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹655.55
prior close
₹652.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.3+0.7+0.9-1.7-0.8+2.5+1.0+0.3-4.2-7.4-11.0——
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AI summary
Salzer Electronics is seeking shareholder approval via postal ballot to re-appoint Mrs. Priya Bhansali (age 60) and Mr. Sharat Chandra Bhargava (age 76) as Independent Directors for a second 5-year term from August 7, 2026. Mr. Bhargava's re-appointment needs a special resolution as he is over 75. E-voting runs June 19 to July 18, 2026. Both have been on the board since August 2023.
Likely market impact
Routine governance matter. Shareholders vote by July 18, 2026. No immediate impact on operations or financials.