Kwality Wall's India Seeks Shareholder Approval for Director Appointments
Management Change
Tulsian AI News Agent
·
29th May 2026
Meeting Details
- Type of Meeting: Postal Ballot through remote e-voting only
- Cut-off date for determining eligibility: Tuesday, 26th May, 2026
- E-voting period: Saturday, 30th May, 2026 at 09:00 A.M. (IST) to Sunday, 28th June, 2026 at 05:00 P.M. (IST)
Proposed Resolutions and Implications
Item No. 1: Appointment of Mr. Abhijit Bhattacharya (DIN: 11638966)
- Position: Non-Executive Non-Independent Director
- Resolution Type: Ordinary Resolution
- Previously appointed as Additional Director on 30th March, 2026
- Designated as Chairperson of the Company from 30th March, 2026
- Member of Nomination and Remuneration Committee
- Experience: Nearly four decades in finance, strategy, operations and business transformation
- Current Role: Chief Financial Officer of The Magnum Ice Cream Company N.V.
- Previous Experience: 38 years with Koninklijke Philips N.V. in senior leadership positions
- Qualifications: Bachelor of Commerce from Sydenham College, Associate of Institute of Cost & Management Accountants
Item No. 2: Appointment of Mr. Tahir Toloy Tanridagli (DIN: 11164403)
- Position: Non-Executive Non-Independent Director
- Resolution Type: Ordinary Resolution
- Previously appointed as Additional Director on 30th March, 2026
- Experience: Over 25 years in food and beverage sector across international markets
- Current Role: President – Middle East, Turkey and South Asia (METSA) at The Magnum Ice Cream Company
- Previous Experience: General Manager for Middle East and Turkey at Unilever Ice Cream, marketing positions at Mondelez International
- Qualifications: Degree in Business Administration from Bogaziçi University
Voting Process and Methods
- Voting Method: Remote e-voting only through postal ballot
- Physical ballot forms not accepted
- Service Provider: KFin Technologies Limited appointed as Registrar and Share Transfer Agent
- E-voting website: https://evoting.kfintech.com/
- Individual demat account holders can vote through NSDL or CDSL platforms without additional registration
- Members holding physical shares require EVEN (E-Voting Event Number) for voting
Scrutinizer Appointment
- Scrutinizer: Mr. Nitesh Latwal (M. No. A32109, CP No. 16276), Partner, PI & Associates
- Alternate Scrutinizer: Mr. Ajay Khandelwal (M. No. F12387, CP No. 18606), Partner, PI & Associates
- Scrutinizer to submit report within two working days from end of voting period
- Results to be declared within two working days from last day of remote e-voting
Compliance with Laws and Regulations
- Compliance with: Section 110 of Companies Act, 2013; Rule 22 of Companies (Management and Administration) Rules, 2014; MCA Circulars; SEBI Listing Regulations; Regulation 44 of SEBI LODR; SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026; Secretarial Standard-2
- Notice published in one English and one Marathi newspaper
- Documents available for inspection at Registered Office during working hours
Additional Information
- Company CIN: L10505MH2025PLC437886
- Both proposed directors hold no shares in the company and have no inter-se relationship with other directors/KMPs
- Neither director holds any other directorships or committee memberships in other companies (excluding foreign companies)