Key Quantitative Figures

  • Mr. Manik Chand Tater received sitting fees of ₹0.05 lakh during FY 2025-26
  • Proposed term: 22 November 2026 to 21 November 2031 (5 years)
  • Shareholding of Mr. Tater in company: Nil

Dates of Action

  • Cut-off date for voting eligibility: Friday, 9 October 2026
  • Postal ballot notice date: 14 October 2026
  • Dispatch date: 15 October 2026
  • Remote e-voting period: 16 October 2026 (9:00 AM IST) to 14 November 2026 (5:00 PM IST)
  • Results declaration: On or before Monday, 16 November 2026

Parties Involved

  • Director: Mr. Manik Chand Tater (DIN: 01096517)
  • Company Secretary: Arpita Bose
  • Scrutinizer: Mr. Udit Agarwal, Advocate associated with Kamalia Associates
  • RTA: MCS Share Transfer Agent Limited
  • E-voting provider: Central Depository Services (India) Limited (CDSL)
  • Stock exchange: BSE Limited (Scrip Code: 520127)

Director Details

  • Qualification: Bachelor's Degree in Commerce (B.Com.)
  • Experience: Over ten years of professional experience in business and corporate affairs
  • Current positions: Director at Charchco Electronics (India) Private Limited and Cleantek Energy Private Limited
  • Committee memberships: Chairperson of Nomination and Remuneration Committee and Stakeholders Relationship Committee of Balurghat Technologies
  • First appointment: 23 November 2021 as Additional Director
  • Regularization: At 28th AGM held on 27 September 2022

Voting Procedure

  • Electronic mode only through CDSL remote e-voting facility
  • CDSL E-Voting Sequence Number (EVSN): 261015001
  • No physical dispatch of postal ballot notice
  • Members without registered email can request electronic notice from RTA/Company
  • Votes once cast cannot be modified

Financial Impact

No financial impact quantified in the disclosure. Mr. Tater will be entitled to sitting fees and reimbursement of expenses as approved in accordance with the Act and Company's policy. No fixed remuneration for the second term is proposed.

Capital Structure Impact

No impact on capital structure disclosed. The reappointment does not affect share capital or promoter holding.

Governance Aspects

  • Declaration of independence received from Mr. Tater under Section 149(7) and Regulation 25(8)
  • Registration in Independent Directors Databank confirmed
  • Non-debarment confirmation received
  • Board considers Mr. Tater independent of management
  • Performance evaluation conducted by Nomination and Remuneration Committee

#Tags: #BalurghatTechnologies #SEBIDisclosure #Regulation30 #CorporateGovernance #Neutral