Servotech Renewable Power System Limited has informed the Exchange regarding Corrigendum to Notice of Postal Ballot
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Servotech Renewable Power System Limited has issued a corrigendum to its Postal Ballot Notice originally dispatched on July 1, 2025. The corrigendum adds details to Item No. 1, which seeks shareholder approval for the regularization of Mr. Girish Kumar Ahuja (DIN: 00446339) as a Non-Executive Independent Director for a 5-year term up to May 5, 2030. Mr. Ahuja was initially appointed as an Additional Director on May 6, 2025. The special resolution is required because Mr. Ahuja has already crossed the age of 75 (as of May 29, 2021), triggering SEBI Listing Regulation 17(1A) which mandates shareholder approval for independent directors above this age. The postal ballot voting is scheduled for July 31, 2025, with a cut-off date of June 27, 2025. Shareholders who have already voted can change their decision by emailing the Scrutinizer.
This is a procedural correction to the existing postal ballot and does not change the substance of the original proposal. Shareholders should review the additional details about Mr. Ahuja's age-related compliance before voting. No material impact on stock price is expected from this corrigendum.