Postal Ballot as per Section 110 of the Companies Act, 2013
TVSMOTOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TVS Motor Company Limited has announced a Postal Ballot to seek shareholder consent for appointing Mr. Ravindran Shanmugam (DIN: 11700880) as a Non-Executive Independent Director. The appointment is for a period of five consecutive years, effective 13th May 2026. The Board of Directors approved this proposal at their meeting held on the same date. The company will send the Postal Ballot Notice to shareholders for their consent. Mr. Shanmugam's DIN indicates he is a new director appointment to the board.
This appointment strengthens the board with an additional independent director, following good governance practices. For shareholders, this is a routine matter requiring consent approval. The stock is unlikely to see significant movement based on this announcement alone.