Weizmann Limited has informed the Exchange regarding Notice of Postal Ballot
WEIZMANIND · price
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Awaiting price reaction for this filing.
Weizmann Limited has issued a Postal Ballot Notice seeking shareholder approval via Special Resolution to continue Shri. Dharmendra Gulabchand Siraj (DIN: 00025543) as a Non-Executive Non-Independent Director after he turns 75, as required under SEBI LODR Regulation 17(1A). Siraj is the Chairman of the Board, part of the promoter group, and holds 7.60% stake in the company, with over 50 years of experience in financial services. Voting will be conducted electronically through NSDL, with the e-voting window open from February 25, 2026 (9:00 AM) to March 26, 2026 (5:00 PM), and results expected by March 28, 2026. The cut-off date for eligibility is February 20, 2026. Practicing Company Secretary Shri. Martinho Ferrao has been appointed as the scrutinizer for the process.
This is a routine regulatory requirement for retaining a director above 75 years and is unlikely to materially affect the stock price. As the director is a promoter-group Chairman with a significant 7.60% stake, the special resolution is expected to pass without difficulty.