Nature of the Event

Automobile Corporation of Goa Limited has issued a Notice of Postal Ballot pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 110 of the Companies Act, 2013. The notice seeks shareholder approval for the appointment of Ms. Swati Shivanand Salgaocar as a Non-Executive, Independent Director.

Key Dates

  • Notice Date: October 21, 2026
  • Cut-off Date for Eligibility: November 6, 2026
  • Remote e-Voting Period: Commences Monday, November 16, 2026, at 9:00 a.m. IST and ends Tuesday, December 15, 2026, at 5:00 p.m. IST
  • Scrutinizer's Report Deadline: On or before Thursday, December 17, 2026
  • Result Declaration: After scrutinizer's report, to be posted on company and NSDL websites

Resolution Details

Special Business: Appointment of Ms. Swati Shivanand Salgaocar (DIN: 03500612) as a Non-Executive, Independent Director

  • Resolution Type: Special Resolution
  • Current Status: Appointed as Additional Director effective October 8, 2026, by Board of Directors
  • Proposed Term: First term of 5 consecutive years from October 8, 2026, to October 7, 2031 (both days inclusive)
  • Eligibility: Meets independence criteria under Section 149(6) of Companies Act, 2013 and Regulation 16(1)(b) of SEBI Listing Regulations
  • Remuneration: Fee for attending Board/Committee meetings, reimbursement of expenses, and potential commission as approved by NRC/Board under Sections 197/198 of Companies Act

Director Profile

Ms. Swati Shivanand Salgaocar

  • Date of Birth: May 15, 1982 (Age: 44 years)
  • Qualifications: B.A. (Arch.) (Hons.), M.Arch
  • Current Positions: Managing Director of V. M. Salgaocar & Brother Pvt Ltd., Director at Vimson Group of Companies
  • Professional Background: Expertise in mineral development, real estate, and financial services through Vimson Group
  • Other Directorships: Independent Director on boards of Siemens Energy India Ltd. and Bajaj Electricals Ltd.
  • Committee Memberships:
  • Bajaj Electricals Limited: Member of Risk Management Committee
  • Siemens Energy India Limited: Chairperson of Corporate Social Responsibility Committee, Member of Nomination and Remuneration Committee
  • Shareholding in Company: Nil
  • Relationship with Other Directors: Not related to any other Director or Key Managerial Personnel of the Company

Voting Process

  • Service Provider: National Securities Depository Limited (NSDL)
  • Voting Method: Remote e-Voting only (no physical ballot forms or proxy voting)
  • Eligibility: Members registered as of November 6, 2026, cut-off date
  • Notification: Notice sent only electronically to members with registered email addresses
  • Scrutinizer: Mr. Shivaram Bhat (ACS 10454, CP No. 7853), Company Secretary in Practice

Document Availability

  • Company website: https://www.acglgoa.com/investors/postal-ballot/
  • BSE website: www.bseindia.com
  • NSDL website: www.evoting.nsdl.com