Key Proposal
Appointment of Sri R.J. Ramesh (DIN: 11821767) as a Nominee Director, not liable to retire by rotation, by way of Ordinary Resolution.
R.J. Ramesh is Deputy General Manager (IA/ISO/PP) at The Tamilnadu Industrial Investment Corporation Limited (TIIC). He was appointed as an Additional Director by the Board of Directors with effect from July 25, 2026, based on a nomination received from TIIC via letter dated July 15, 2026.
TIIC is the single largest shareholder of the company, holding 14.27% of the Equity Share Capital. The company's Articles of Association grant TIIC the right to appoint a Nominee Director not liable to retire by rotation.
Voting Details
- Cut-off Date: July 31, 2026 (Shareholders on this date are eligible to vote)
- Voting Method: Remote e-voting only (No physical ballot)
- E-voting Service Provider: National Securities Depository Limited (NSDL)
- Voting Period: Commences Wednesday, August 5, 2026 at 09:00 AM IST and ends Thursday, September 3, 2026 at 05:00 PM IST
- Result Declaration: Friday, September 4, 2026 at 11:00 AM at the Registered Office in Pallipalayam, Erode
- Scrutinizer: Sri K Sankarasubramanian, Practising Company Secretary (Membership No. F11241/ COP: 15994)
Director Details (R.J. Ramesh)
- DIN: 11821767
- Date of Birth & Age: August 19, 1967 (58 Years)
- Qualification: B.E, MBA
- Expertise: Deputy General Manager (IA/ISO/PP) at TIIC
- Proposed Role: Non-Executive and Nominee Director
- Remuneration: Commission/Sitting fee applicable to non-executive directors within statutory limits
- Shareholding: Nil shares in the company
- Other Directorships: None
- Relationship: Not related to any other director
Additional Information
- The postal ballot notice was dispatched via email on August 4, 2026 to shareholders registered as of July 31, 2026.
- The notice is available on the company's website (www.spbltd.com) and NSDL's e-voting portal (www.evoting.nsdl.com).
- Shareholders holding physical shares are urged to dematerialize them to participate in corporate actions.
- R.J. Ramesh has submitted requisite disclosures under the Companies Act, 2013 and is not disqualified from directorship.
- No financial impact quantified for this director appointment.