Minutes of Resolution passed by way of Postal Ballot.
XPROINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Xpro India Limited has filed certified minutes confirming the re-appointment of Sri Sidharth Kumar Birla as Chairman (in whole-time employment) for a period of three years from March 1, 2026 to February 28, 2029. The postal ballot was conducted through remote e-voting from April 3, 2026 to May 2, 2026. The resolution was passed with overwhelming shareholder approval — all 13623331 valid votes cast (from 114 members) were in favour, representing 100% of votes. His office is not liable to retirement by rotation. Remuneration is capped at INR 3 crores per annum or 5% of net profits, whichever is higher, or INR 25 lakhs per month as minimum remuneration if profits are inadequate.
The unanimous re-appointment signals strong shareholder confidence in the current leadership and provides continuity in management for the next three years. This is a routine governance matter with no adverse signals for investors.