Announced Mon, 2 Mar · 18:26 IST

Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Sayaji Hotels (Pune) Limited has issued a Postal Ballot notice to shareholders seeking approval for a single special resolution: the appointment of Mr. Nimeshkumar Natwarlal Gandhi (DIN: 10516536) as a Non-Executive Independent Director for a 5-year term from 5th February 2026 to 4th February 2031. Mr. Gandhi is a 59-year-old Practicing Chartered Accountant with 31 years of experience in accounts, taxation, corporate governance, GST, company law, and project financing. He was initially appointed as an Additional Director by the Board on 5th February 2026 and his appointment now requires shareholder approval as a Special Resolution. E-voting via CDSL will run from Saturday, 7th March 2026 (9:00 AM) to Monday, 6th April 2026 (5:00 PM), with the cut-off date for eligibility being 28th February 2026. The resolution, if passed, will be deemed effective from 6th April 2026.

Likely market impact

This is a routine governance matter with no direct financial or operational impact on shareholders. The appointee will receive no remuneration and holds no shares in the company, so there is no dilution or cash outflow concern. Shareholders should vote before 6th April 2026 if they wish to participate.