Copy of Newspaper Publication pertaining to postal ballot notice
SANATHAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanathan Textiles has issued a postal ballot notice seeking shareholder approval for two resolutions: (1) re-appointment of Mrs. Rupal Anand Vora as an Independent Director of the company, and (2) extension of Employee Stock Option Plan 2021 (ESOP 2021) benefits to employees of subsidiary companies. The voting period runs from May 8, 2026 (9:00 AM) to June 6, 2026 (5:00 PM), with only electronic voting permitted as physical ballot forms are not being dispatched. The cut-off date for determining eligible voters is April 30, 2026. Results will be announced by June 8, 2026. The notice was published in Active Times (English) and Financial Express (Gujarati) newspapers on May 7, 2026.
Shareholders should exercise their voting rights as these proposals could impact board composition and employee retention/incentive structures at subsidiary level. Approval of the ESOP extension may positively affect employee morale and retention across the group.