Management Change6 Oct 2026, 03:33 pm
Indian Metals & Ferro Alloys Ltd: Board Approves Postal Ballot Notice for Director Appointment
AI Summary
Indian Metals & Ferro Alloys Ltd announced that its Board of Directors, via a resolution passed by circulation on October 6, 2026, has approved the draft Postal Ballot Notice. This notice seeks shareholder approval for the appointment of Mr. Partha Satpathy as a Non-Executive Independent Director and for the appointment of a scrutinizer to oversee the postal ballot process. The company is following SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for this corporate action.
Key Highlights
- Board approved draft Postal Ballot Notice.
- Seeking member approval for director appointment.
- Mr. Partha Satpathy to be appointed Non-Executive Independent Director.
- Scrutinizer appointment also requires member approval.
- Process follows SEBI Listing Regulations.
Price Impact
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