TBO Tek Limited has informed the Exchange regarding Notice of Postal Ballot
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TBO Tek Limited has issued a Postal Ballot Notice seeking shareholder approval for the continuation of Mr. Bhaskar Pramanik (DIN: 00316650) as a Non-Executive Independent Director after he turns 75 in March 2026, for the remainder of his current 5-year tenure ending November 23, 2026. Under SEBI LODR Regulation 17(1A), any non-executive director continuing past age 75 needs shareholder approval via special resolution. E-voting opens on February 14, 2026 and closes on March 15, 2026, with results expected by March 17, 2026. Mr. Pramanik, an IIT Kanpur alumnus and former Microsoft India chairman, holds 100% attendance across board and committee meetings over the last three years and chairs TBO Tek's Nomination and Remuneration Committee. He draws sitting fees of ₹32 lakh (FY25) under the approved ₹35 lakh per annum remuneration for non-executive independent directors.
This is a routine governance and regulatory compliance matter and is unlikely to affect the stock price. Approval is expected given the Board's strong recommendation, the director's perfect attendance record, and his leadership roles on key committees. No change to existing terms or remuneration is proposed.