Xpro India Limited has informed the Exchange about Minutes 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 of a postal ballot resolution in which shareholders approved the re-appointment of Sri Sidharth Kumar Birla as Chairman (whole-time employment) for three years from March 1, 2026 to February 28, 2029. The remuneration is capped at INR 3 crores per annum (comprising salary, commission up to 2% of net profits, and perquisites) or INR 25 lakh per month as minimum remuneration in loss-making years, whichever is higher. The e-voting took place from April 3 to May 2, 2026, and the resolution was passed unanimously with 100% shareholder assent — 13,623,331 votes in favor and zero against out of 116 participating members.
The re-appointment of the Chairman on similar terms is a routine corporate governance action with no material impact on the stock. The 100% approval signals strong shareholder confidence in the leadership.