Postal Ballot: Re-appointment of MD and WTD, New Independent Director
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Board approved Postal Ballot to seek shareholder approval for three items: (1) re-appointment of Mr. Jimit Ramesh Shah as Managing Director for 5 years (Nov 2, 2026 to Nov 1, 2031); (2) re-appointment of Mr. Ramesh Virji Shah as Whole-time Director for the same 5-year period; and (3) appointment of Mr. Mangilal Tikuchand Jogani as Non-Executive Independent Director for 5 years. Jimit and Ramesh Shah are promoters and father-son. E-voting runs from Oct 18 to Nov 17, 2026, with cut-off date Oct 9, 2026.
Shareholders can vote on key board changes between Oct 18 and Nov 17, 2026. Promoter family retains control with addition of one new independent director.