Ramco Industries Limited has disclosed the outcome of a postal ballot process conducted for the reappointment of a director, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
Nature of the Event
The disclosure pertains to the reappointment of Shri Ajay Bhaskar Baliga (DIN: 00030743) as a Non-Executive Independent Director of the company.
Key Quantitative Figures & Dates
- The shareholders approved the reappointment by passing a Special Resolution via a postal ballot process.
- The last date for e-voting was July 5, 2026, ending at 5:00 PM.
- The scrutinizer, Shri K. Srinivasan (Chartered Accountant), submitted his report on July 6, 2026.
- The result of the postal ballot was announced on July 6, 2026.
- The current term of Shri Baliga was set to end on July 26, 2026.
- The new term is for 5 (five) consecutive years, effective from July 27, 2026, to July 26, 2031.
Parties Involved
- Appointee: Shri Ajay Bhaskar Baliga
- Scrutinizer: Shri K. Srinivasan, Chartered Accountant
- Company Secretary: S. Balamurugasundaram, who signed the disclosure
Director Profile
Shri Ajay Bhaskar Baliga's brief profile is provided:
- Date of Birth: January 12, 1959 (Age 67 years)
- Profession: Freelance Management & Strategy Consultant
- Experience: Over 40 years of experience in the Alcobev (alcoholic beverages) industry.
- His career includes roles in factory management, production control, and global supply solutions for Diageo Plc.
- He was an Executive Director for Allied Blenders and Distillers Private Ltd. until January 2020.
- He previously served as the Global Supply Director for Diageo PLC and has worked for United Spirits Limited (USL) and Shaw Wallace & Company Ltd.
- He is a Chemical Engineer by qualification and has been involved in acquisitions, integration, manufacturing optimization, safety standards, and sustainability initiatives.
Other Board Memberships
Shri Baliga is also a Non-Executive Independent Director on the boards of the following companies:
1. E.I.D. Parry (India) Limited (Listed)
2. The Ramco Cements Limited (Listed)
3. Parry Sugars Refinery India Private Limited (Unlisted)
Regulatory References & Compliance
- The disclosure is made under Regulation 30 of SEBI (LODR) Regulations, 2015.
- It references SEBI Master Circular No. SEBI/HO/49|L4|L4(7)2025CFDPOD2/I1376212026 dated January 30, 2026.
- The company confirms that Shri Ajay Bhaskar Baliga is not debarred from holding the office of director by virtue of any SEBI order or other authority.
- The scrutinizer's report has been placed on the company's website and CDSL's website.
Relationships Between Directors
The disclosure states 'NIL' for relationships between directors.