Clarification11 Jul 2026, 10:30 pm
Olympic Cards Clarifies Director Age Norm Compliance
AI Summary
Olympic Cards Ltd has responded to a BSE communication regarding Regulation 17(1A) of SEBI (LODR) Regulations, which mandates a special resolution for directors over 75. The company clarified that Independent Director Mr. Alagarsamy Uthandan (DOB: 17.07.1952) will turn 75 on 16.07.2027. His first term ended on 09.06.2026, and a special resolution for his re-appointment for a second five-year term from 10.06.2026 was passed at the AGM held on 20.09.2025. This filing serves as a clarification to ensure compliance and inform the exchange.
Key Highlights
- Olympic Cards addresses SEBI LODR Regulation 17(1A) on director age.
- Independent Director Mr. Uthandan turns 75 in July 2027.
- Special resolution passed for his re-appointment in AGM 2025.
- Ensures compliance with age-related directorship norms.
Price Impact
More from OLPCL