Postal Ballot Notice under Reg 30 of SEBI LODR Regulations, 2015
SHARDUL · price
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Awaiting price reaction for this filing.
Shardul Securities has issued a Postal Ballot Notice to shareholders seeking approval for three items via remote e-voting from January 10, 2026 to February 8, 2026. Item 1 seeks approval (Special Resolution) to appoint Mr. Gyanchand Pipara, a Chartered Accountant with 40+ years of experience in auditing, forensic accounting and tax consultancy (founder of Pipara & Co. LLP), as an Independent Director for 3 years from November 12, 2025. Item 2 seeks approval (Special Resolution) to appoint Ms. Anshu Agarwal, a Practicing Company Secretary with 20+ years of experience in corporate law, M&A and fund-raising (previously with Borosil, Reliance, IIFL, Lodha Group), as an Independent Director for 3 years from December 20, 2025. Item 3 seeks approval (Ordinary Resolution) to re-appoint Ms. Daya Bhalia as Whole-time Director designated Executive Director for a further 3 months from November 14, 2025, with a salary of Rs. 17 lakh per annum plus incentive and standard benefits. Results will be announced by February 10, 2026.
Routine corporate governance action with no material business or financial impact. Strengthens the board with two experienced independent directors in finance and corporate law; re-appointment of the existing Executive Director ensures management continuity. Unlikely to move the stock price.