SHREE CEMENT LIMITED has informed the Exchange regarding Notice of Postal Ballot for seeking consent of the members of the Company by way of special resolution for re-appointment of Mr. Hari Mohan Bangur as Whole Time Director, designated as Chairman of the Company for a period of 5 (five) years commencing from 1st April, 2026
SHREECEM · price
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Shree Cement has issued a Postal Ballot notice seeking shareholder approval for the re-appointment of Mr. Hari Mohan Bangur as Whole Time Director designated as Chairman. The proposed term is 5 years, effective from 1st April 2026. A special resolution is required since this is a board-level leadership position. Mr. Bangur belongs to the promoter Bangur family, which has long-standing control over the company. Shareholders will vote remotely through the postal ballot process before the results are announced.
This is a routine re-appointment of the existing Chairman and may be viewed as business-as-usual. Approval is largely expected but is relevant for promoter family governance continuity at the top of the company.