The Postal Ballot Notice for passing of Resolutions through remote e-voting.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shri Dinesh Mills Limited has issued a Postal Ballot Notice seeking shareholder approval on three resolutions through remote e-voting between April 1 and April 30, 2026. Resolution 1 is to re-appoint Ms. Reshma Patel as a Non-Executive Independent Director for a second 5-year term from March 15, 2026 to March 14, 2031. Resolution 2 seeks approval to raise the basic salary of Chairman & Managing Director Shri Bharatbhai Patel from Rs. 9 lakh to Rs. 10 lakh per month (with Rs. 1 lakh annual increments) plus up to 1% of net profits as commission, for his remaining tenure from April 1, 2026 to March 31, 2028. Resolution 3 proposes appointing Mrs. Tejal Rahul Amin, a commerce graduate with 40+ years of corporate and education sector experience, as a new Non-Executive Independent Director for 5 years starting March 28, 2026. Voting results are expected to be announced on or before May 2, 2026.
These are routine corporate governance matters with no major business impact. Shareholders should note the modest salary hike for the promoter-CMD and the continuation of independent oversight on the board. Approval is largely expected as these are standard re-appointments and a typical remuneration revision.