Ind-Swift Labs Postal Ballot: Management Restructuring 2026

Ind-Swift Laboratories issued a Postal Ballot Notice with 4 Special Resolutions for senior management restructuring effective February 1, 2026.
N.R. Munjal steps down as MD to become Chairman & Whole-Time Director; Himanshu Jain and Sahil Munjal elevated as MDs for Domestic and Global Operations respectively.
Remote e-voting via CDSL runs April 1–30, 2026; Sh. Vishal Arora (CS) appointed Scrutinizer; results due within 2 working days of e-voting conclusion.
Proposed monthly salary ranges: ₹30–60 lakhs for N.R. Munjal and ₹24–50 lakhs each for the other three directors, plus up to 1% commission on net profits.