Vishnu Chemicals Limited has informed the Exchange about outcome of Circular Resolution dated March 12, 2026 & Cut-off date for dispatch of Postal Ballot Notice and reckoning of E-voting rights
VISHNU · price
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Vishnu Chemicals has approved a postal ballot notice to seek shareholder approval for the re-appointment of Mr. Ch. Siddartha (DIN: 01250728) as Joint Managing Director for a further period of 5 years, from May 02, 2026 to May 01, 2031, along with payment of remuneration. The board passed this through a circular resolution dated March 12, 2026. The cut-off date for e-voting and dispatch of the postal ballot notice has been fixed as Friday, March 20, 2026. CDSL has been appointed as the e-voting agency, and M/s L.D. Reddy & Co has been appointed as the scrutinizer for the postal ballot process.
This is a routine re-appointment of an existing Joint Managing Director, signaling continuity in leadership. Shareholders will get to vote on the matter, and approval is expected to be largely procedural given the existing relationship with the board.