Sanathan Textiles Limited has informed the Exchange regarding Notice of Postal Ballot
SANATHAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanathan Textiles Limited has announced a postal ballot seeking shareholder approval for two special resolutions. First, the re-appointment of Mrs. Rupal Anand Vora as an Independent Director for a second term of three years (April 1, 2026 to March 31, 2029). Mrs. Vora brings over 25 years of experience in strategic finance, legal, and risk management, and currently serves on multiple listed company boards. Second, ratification and extension of the Employee Stock Option Plan (ESOP 2021) to employees of subsidiary companies. The company has already granted 210,690 valid options to employees of its subsidiary Sanathan Polycot Private Limited at an exercise price of Rs. 426.15 per share. The e-voting period runs from May 8, 2026 to June 6, 2026, with results to be announced on June 8, 2026.
The re-appointment of Mrs. Vora ensures continuity in board governance and independence. The ESOP extension helps retain talent across the group but may have minor dilution impact on existing shareholders. Neither resolution signals any governance concerns or leadership changes.