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SKP Securities Limited has issued a Postal Ballot Notice dated July 26, 2025, seeking shareholder approval through remote e-voting for two director appointments. The first resolution proposes appointing Mr. Vaibhav Pachisia (DIN: 11115136), part of the promoter family and currently leading SKP's Equity Research, as Executive Director for 3 years (Oct 1, 2025 to Sep 30, 2028) at a remuneration of Rs. 40 lakh per annum with up to 10% annual increment and commission up to 3% of net profits. The second resolution seeks appointment of Ms. Suparna Chakrabortti (DIN: 07090308), a Chartered Accountant with 20+ years of experience, as Non-Executive Independent Director for 5 years (Oct 1, 2025 to Sep 30, 2030). E-voting runs from July 30, 2025 to August 28, 2025, with results expected by September 1, 2025. The company reported FY25 net profit of Rs. 998.95 lakh on total income of Rs. 3,720.85 lakh, with EPS of Rs. 14.67.
This is a routine governance update — promoter family member Vaibhav Pachisia being elevated to Executive Director indicates succession planning within the promoter group, while the addition of an experienced Independent Director strengthens board oversight. No material financial impact on shareholders, though the executive remuneration hike from Rs. 30 lakh to Rs. 40 lakh plus commission is modest and aligned with company profits.