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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
VTM Limited has issued a Postal Ballot Notice dated November 10, 2025 seeking shareholder approval through remote e-voting (cut-off date November 14, 2025; voting window November 19 to December 18, 2025). Three Special Resolutions: continuation of Non-Executive Director Mr. RM Somasundaram beyond age 75 (he turns 75 in November 2026), and re-appointment of Independent Directors Mr. Ganesh Ananthakrishnan and Mr. L. Sevugan for a second five-year term from March 25, 2026 to March 24, 2031. One Ordinary Resolution seeks approval to enter into a related-party contract with M/s. Colour Yarns Private Limited for purchase and sale of goods and materials, with turnover not exceeding Rs. 100 Crores, valid till March 31, 2029, on an arm's length basis. Chairman & Managing Director K. Thiagarajan and Director Uma Kannan are interested in the Colour Yarns transaction. Results will be declared on or before December 20, 2025.
Routine board governance matters (director continuation and re-appointments of two independent directors) are unlikely to move the stock, but the Rs. 100 Crore related-party contract with Colour Yarns is the more substantive item — shareholders should review whether the terms are truly at arm's length given that the promoter MD and a director have a stated interest in the counterparty.