Sumit Woods Limited seeks shareholder approval via postal ballot for Mr. Mitaram Jangid to continue as Managing Director after he attains 70 years of age on June 18, 2026.
The remote e-voting period is scheduled from May 9, 2026, at 9:00 AM to June 8, 2026, at 5:00 PM, managed by NSDL, with results to be declared by June 10, 2026.
Mr. Jangid's current reappointment until May 25, 2028, was approved in 2023; this resolution only seeks approval for continuation post-70 as required by Section 196(3) of the Companies Act, 2013.
The notice is being sent electronically to shareholders registered as of the cut-off date, May 1, 2026, in compliance with MCA and SEBI circulars, with no physical copies dispatched.