Stylam Industries Limited has informed the Exchange regarding Corrigendum to Notice of Postal Ballot
STYLAMIND · price
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Stylam Industries has issued a corrigendum to its March 27, 2026 postal ballot notice regarding the appointment of Mr. Santosh Kumar Agrawal as a Non-Executive Independent Director. The company corrected a typographical error where the resolution type was incorrectly mentioned as 'Ordinary Resolution' instead of 'Special Resolution'. The appointment is for a 5-year term from February 13, 2026 to February 12, 2031. The e-voting period runs from March 30, 2026 to April 28, 2026. No other changes were made to the original notice.
This is an administrative correction with no material impact on shareholders. The change from ordinary to special resolution requires a higher threshold of shareholder approval (75% vs simple majority), which slightly strengthens minority investor protections for this appointment.