
AGM/EGM1 Oct 2026, 06:30 pm
Salem Erode Investments Ltd: Director Re-appointed at 95th AGM
AI Summary
Salem Erode Investments Limited held its 95th Annual General Meeting (AGM) on September 30, 2026. During the meeting, shareholders approved the re-appointment of Mr. Ambadath Aiyyappan Balan as an Independent Director (Non-Executive) for a second term of five years, commencing September 29, 2026, and concluding on September 28, 2031. Mr. Balan, a Civil Engineering graduate with over six decades of experience in the construction industry, is a Partner of Balan Construction Company and has received the Vikas Ratna Award. He is not related to any other directors of the company. The AGM commenced at 10:30 A.M. (IST) and concluded at 11:00 A.M. (IST).
Key Highlights
- Mr. Ambadath Aiyyappan Balan re-appointed as Independent Director.
- Re-appointment is for a second term of five years.
- Term valid from September 29, 2026, to September 28, 2031.
- Director has over six decades of experience in construction.
- No disclosed relationship with other company directors.
Price Impact
More from SALEM