Southern Petrochemical Industries Corporation Limited has informed the Exchange about Copy of Newspaper Publication
SPIC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SPIC has informed the exchange that it published newspaper advertisements on January 1, 2026, in Business Standard (English) and Makkal Kural (Tamil) regarding a Postal Ballot to seek shareholder approval for the appointment of Tmt. Sweta Suman, IAS (DIN: 11292451) as Nominee Director representing Tamilnadu Industrial Development Corporation Limited, liable to retire by rotation. The Postal Ballot Notice was dispatched via email on December 31, 2025, to members on the cut-off date of December 26, 2025. E-voting is being facilitated by CDSL, with the voting window open from 9:00 AM on January 2, 2026, to 5:00 PM on January 31, 2026. Results will be declared within 2-3 working days after the e-voting concludes.
This is a procedural compliance filing to obtain shareholder approval for a government-nominee director's appointment. As the nominee represents a state-owned entity (TIDCO) and the director is liable to retire by rotation, the resolution is expected to be a routine formality with no material impact on the stock price.