Vindhya Telelinks Limited has informed the Exchange regarding Notice of Postal Ballot
VINDHYATEL · price
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Vindhya Telelinks Limited has issued a Postal Ballot Notice seeking shareholder approval on two ordinary resolutions. The first resolution is to regularise the appointment of Smt. Srishti Lodha (DIN: 05320669) as a Non-Executive Non-Independent Director, who was inducted as an Additional Director on May 22, 2025; she is a relative of Non-Executive Chairman Shri Harsh V. Lodha. The second resolution is to re-appoint Shri Y.S. Lodha (DIN: 00052861) as Managing Director & CEO for another five-year term from November 4, 2025 to November 3, 2030, with a proposed monthly Basic Salary of Rs. 8.10 lakh, Special Allowance of Rs. 4 lakh, HRA at 40% of basic, performance-linked incentive, and other perquisites. Mr. Y.S. Lodha also serves as MD & CEO of promoter group company Universal Cables Limited. Voting opens on July 14, 2025 at 9:00 AM and closes on August 12, 2025 at 5:00 PM through physical postal ballot and e-voting facility provided by CDSL, with results to be declared on or before August 14, 2025.
These are routine governance resolutions, with the MD & CEO re-appointment ensuring leadership continuity for the next five years. Shareholders may want to review the remuneration structure (including provisions for payment during periods of inadequate profits) and exercise their vote during the e-voting window between July 14 and August 12, 2025.