Barbeque Nation Hospitality Limited has informed the Exchange regarding Notice of Postal Ballot
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Barbeque-Nation Hospitality Limited has issued a Postal Ballot Notice to seek shareholder approval for appointing Mr. Tarun Khanna (DIN: 02306480) as an Independent Director of the company. Mr. Khanna, 54, is associated with CX Advisors LLP, the advisory arm of PE fund CX Partners, and has prior experience at Yes Bank, Citi, and GE. He is being appointed for a 5-year term from May 22, 2025 to May 21, 2030, filling the casual vacancy created by the resignation of existing Independent Director Mr. Ajay Nanavati Vipin. The appointment requires approval through a Special Resolution via remote e-voting, which is open from July 2, 2025 to July 31, 2025 (cut-off date June 27, 2025), with results to be announced by August 3, 2025. No remuneration will be paid to Mr. Khanna except sitting fees for board/committee meetings, and he holds no shares in the company.
This is a routine board reconstitution to fill a casual vacancy, with no material financial impact expected. Shareholders should vote during the e-voting window; outcome is likely a procedural formality since the appointment follows standard regulatory requirements and the candidate has a strong PE and corporate governance background.