VIYASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Viyash Scientific Limited is seeking shareholder approval via postal ballot (remote e-voting) for three resolutions. The company wants to appoint two new Non-Executive, Non-Independent Directors: Mr. Amit Jain (Partner and Head of Carlyle India Advisors) and Mr. Abhiroop Jayanthi (Managing Director at Carlyle Asia Private Equity team). Both are Carlyle Group nominees and were appointed as Additional Directors on April 22, 2026. Neither will receive sitting fees or commission. Additionally, shareholders are asked to approve a one-time performance incentive of Rs. 4 crore to Mr. Rajaram Narayanan, Whole-time Director & CEO-Animal Health, payable during FY27. The company has delivered strong financial performance with gross margins improving from 41.3% (FY23) to 47.7% (FY25). E-voting runs from May 30 to June 28, 2026, with results expected by June 30, 2026.
Appointment of two Carlyle-affiliated directors signals continued PE backing, while the Rs. 4 crore incentive reward reflects strong performance under current leadership. Shareholders should note this reinforces the Carlyle Group's influence on the board.