We are enclosing herewith the postal ballot seeking the approval of the members of the company for re-appointment of Sri K Shashi Chandra and Sri P Muralaikrishna as an independent directors ....
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SSPDL Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of two independent directors — Sri K. Shashi Chandra (DIN: 07258691) and Sri P. Muralikrishna (DIN: 08043970) — each for a second term of five years. Shashi Chandra's new term runs from 12 August 2025 to 11 August 2030, and Muralikrishna's from 4 September 2025 to 3 September 2030, both as non-executive independent directors not liable to retire by rotation. E-voting through NSDL is open from 10 July 2025 (9:00 AM) to 8 August 2025 (5:00 PM), with results to be announced on or before 10 August 2025. The Nomination and Remuneration Committee reviewed their performance during the first term and recommended the re-appointments based on their financial, taxation, and audit expertise.
This is a routine governance action to retain existing independent directors whose first terms are expiring. Shareholders should review and vote on the postal ballot resolutions before 8 August 2025; the outcome is unlikely to materially affect the stock price as board continuity is being maintained.