This is in furtherance to our intimation dated November 10, 2025 about the decision of the Board of Directors to conduct the Postal Ballot of the Company, please find attached Postal Ballot ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shriram Asset Management Company has issued a Postal Ballot notice seeking shareholder approval for two special business items. The first is the appointment of Mr. Thian Joost Fick (DIN: 10328186) as a Non-Executive and Non-Independent Director, nominated by Sanlam Emerging Markets (Mauritius) Limited. Mr. Fick, a 42-year-old South African national, is a qualified Actuary with over 19 years of experience and currently serves as Executive for India and Group Initiatives at the Sanlam Group. He was appointed as Additional Director on November 10, 2025, and shareholder approval is required under SEBI Listing Regulations within three months. The second item seeks approval for revised remuneration of Rs. 40 lakh per annum (effective October 1, 2025) for Mr. Ketankumar Shah, Fund Manager-PMS and Senior Management Personnel, along with future annual increments. E-voting runs from November 24, 2025 to December 23, 2025, with results to be announced on or before December 24, 2025.
These are routine corporate governance items. The director appointment reflects the Sanlam group's continuing involvement as an investor-partner. The remuneration revision is a small payout (Rs. 40 lakh) for a senior fund manager. Neither item is likely to materially impact the stock price, but shareholders should review the appointments and vote accordingly during the e-voting window.