We herewith attached the Scrutinizers report of the Postal Ballot held for the purpose of Re-designation of Mr. Venkataramani Jaiganesh , Whole-time Director as the Managing Director of the Company along with the Voting results as per Regulation 44 of SEBI LODR Regulations, 2015. Detailed letter is enclosed.
SEPC · price
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SEPC Limited has announced the results of a postal ballot approving the re-designation of Mr. Venkataramani Jaiganesh from Whole-time Director to Managing Director of the company. The scrutinizer's report and voting results have been filed under Regulation 44 of SEBI LODR Regulations, 2015. Mr. Jaiganesh was already serving as a Whole-time Director on the board and is being elevated to the MD role through this shareholder vote. No other changes to the board or management have been mentioned in this filing.
This is an internal elevation of an existing director to a higher role and is unlikely to have a material impact on the stock price. Shareholders have approved the re-designation, providing continuity in leadership.