Key Resolution Details

  • Item No. 1: Appointment of Shanti Ekambaram (DIN: 00004889) as an Independent Director of the Company
  • Resolution Type: Special Resolution requiring shareholder approval
  • Term: 3 consecutive years effective from 30th July, 2026
  • Director Category: Independent Director, not liable to retire by rotation

Voting Process and Timeline

  • Cut-off Date: 31st July, 2026 for determining voting eligibility
  • E-voting Period: 08th August, 2026 (9:00 AM IST) to 06th September, 2026 (5:00 PM IST)
  • Service Provider: Central Depository Services (India) Limited (CDSL) engaged for e-voting facility
  • Result Announcement: On or before 08th September, 2026 at registered office and company website
  • Communication Mode: Electronic-only to members with registered email addresses

Scrutinizer Appointment

  • Scrutinizer: Rajesh Parekh, Proprietor, Rajesh Parekh & Co., Practising Company Secretary (Membership No. A8073)
  • Alternate Scrutinizer: Aishwarya Parekh, Partner, RPAP & Co., Practising Company Secretary (Membership No. F13318)

Background of Proposed Director

Shanti Ekambaram

  • Age: 63 years
  • Experience: 39 years in financial services, including 35 years at Kotak Mahindra Bank
  • Previous Role: Deputy Managing Director and Whole-time Director at Kotak Mahindra Bank (2022-2025)
  • Qualifications: Chartered Accountant and Cost Accountant
  • Current Directorships: Havells India Limited, Kotak Securities Limited, Kotak Mahindra Capital Company Limited
  • Committee Memberships: Audit Committee (Kotak Securities), CSR Committee, Investment Committee, Nomination & Remuneration Committee (Kotak Mahindra Capital)
  • Other Positions: Director on Board of Indian Institute of Management, Bangalore
  • Shareholding: Does not hold any shares of Torrent Pharmaceuticals Limited
  • Remuneration: ₹1 lakh received as sitting fees since appointment
  • Meeting Attendance: Attended 1 board meeting since appointment

Board Recommendation

  • Appointment recommended by Nomination and Remuneration Committee
  • Considered appropriate based on evaluation of balance of skills, knowledge and experience
  • Possesses expertise in Strategic leadership, Diversity, Financial expertise and Governance, Risk and Compliance
  • Company received notice under Section 160 of Companies Act from a member proposing her candidature

Document Availability

  • Postal Ballot Notice available on company website www.torrentpharma.com
  • Also available on BSE (www.bseindia.com), NSE (www.nseindia.com), and CDSL (www.evotingindia.com) websites
  • Letter of appointment available for inspection until last date of e-voting upon request to investorservices@torrentpharma.com