Sundaram Brake Linings Limited has informed the Exchange regarding Notice of Postal Ballot
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Sundaram Brake Linings has sent out a Postal Ballot notice to shareholders seeking approval for the appointment of Mr. Rahul Rakesh Agrawal (DIN: 01226996) as a Non-Executive Independent Director for a five-year term from 4th August 2025 to 3rd August 2030. He was initially appointed as an Additional Director on 4th August 2025, and the postal ballot is being conducted to regularize his appointment as required under Section 161 of the Companies Act and SEBI Listing Regulations. Mr. Agrawal, aged 47, is the Managing Director of Styrenix Performance Materials Limited and a Director/Promoter of Shiva Pharmachem Limited, with nearly 25 years of experience in the chemical manufacturing sector and qualifications from the University of Michigan and Harvard Business School. Voting opens on 18th August 2025 and closes on 16th September 2025 through NSDL's remote e-voting platform, with the results to be declared by 18th September 2025.
This is a routine governance action to formalize the appointment of an experienced independent director. No immediate material impact on shareholders or stock price is expected, though the appointment brings additional chemical industry expertise to the board.