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Shree Hari Chemicals Export Ltd has issued a Postal Ballot Notice seeking shareholder approval for appointing Shri Prashant Bhandarkar (DIN: 02949193) as an Independent Director for a 5-year term from March 25, 2025 to March 24, 2030. Bhandarkar is a 50-year-old MBA (Human Resource) with over 21 years of experience in talent management, leadership development, media and content strategy, and business consulting. He currently serves as an Independent Director on the board of Shubhalakshmi Polyesters Limited and holds no shares in Shree Hari Chemicals. The resolution will be passed via remote e-voting through NSDL, which opens on May 6, 2025 and closes on June 4, 2025. The board had recommended his appointment based on the Nomination and Remuneration Committee's evaluation.
This is a routine independent director appointment that strengthens board composition with HR and leadership expertise. No material impact on share price is expected as it is a standard governance action requiring shareholder ratification.