Danlaw Technologies issues postal ballot notice seeking shareholder approval for re-appointment of Mr. Raju S Dandu as Whole-time Director and Executive Chairman.
Proposed remuneration includes ₹27 lakh annual salary plus perquisites and potential commission up to 2% of profits, with board authorized to revise salary by maximum 50% annually.
Remote e-voting period runs from April 26, 2026 to May 25, 2026 through NSDL platform, with results declaration scheduled for May 27, 2026.
Special resolution required due to director being above 70 years old and non-resident Indian, necessitating Central Government approval for appointment.