Skipper Limited has informed the Exchange regarding Notice of Postal Ballot
SKIPPER · price
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On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 3.8 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Skipper Limited has issued a postal ballot notice seeking shareholder approval for two key matters: (1) amendment to the Articles of Association (AoA) to align with Companies Act 2013 provisions, including new articles on share lien, debenture certificate subdivision, buyback of own shares, charge registration, electronic mode participation in general meetings, and maintenance of statutory registers; and (2) revision in remuneration of four executive directors - Dr. Sajan Kumar Bansal (Chairman & Managing Director), Mr. Sharan Bansal, Mr. Devesh Bansal, and Mr. Siddharth Bansal (all Whole-time Directors), effective from 28th April 2026. The e-voting period runs from 8th May 2026 to 6th June 2026, with results to be declared by 9th June 2026. All resolutions require special resolution passed through postal ballot.
Shareholders should vote on these proposals as they involve governance changes and executive compensation updates. The AoA amendments are largely compliance and operational in nature, while the remuneration revisions formalize salary changes for the managing director and three whole-time directors.