Vishnu Chemicals Limited issues Postal Ballot Notice for re-appointment of Mr. Ch. Siddartha as Joint Managing Director for 5 years from May 02, 2026 to May 01, 2031.
Proposed remuneration is Rs. 72 lakhs per annum plus commission up to 1.25% of net profits and perquisites including car, medical, and LTA.
Remote e-voting via CDSL runs from March 24 to April 22, 2026; cut-off date for shareholder eligibility is March 20, 2026.
M/s L D Reddy & Co, Practicing Company Secretaries, appointed as Scrutinizer for the postal ballot process.