Date: May 27, 2026

KMP / Board / Auditor Changes

  • Sri Sidharth Kumar Birla (DIN: 00004213) has been re-appointed as Chairman in whole-time employment of the Company.
  • The re-appointment is for a period of three years with effect from March 1, 2026, to February 28, 2029.
  • His office shall not be liable to retirement by rotation under the Companies Act, 2013.

Board Meeting Outcomes

  • The Board of Directors approved the Postal Ballot Notice on February 4, 2026, pursuant to Section 110 read with Section 108 and other applicable provisions of the Companies Act, 2013.
  • The resolution sought member approval for the re-appointment of Sri Sidharth Kumar Birla as Chairman.

Dividend Declaration or Non-Declaration

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

  • The postal ballot was conducted through remote e-voting process facilitated by MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
  • E-voting commenced on Friday, April 3, 2026, at 9:00 AM IST and ended on Saturday, May 2, 2026, at 5:00 PM IST.
  • Sri Girish Bhatia, Practicing Company Secretary (Membership No. FCS 3295 & CP No. 13792), was appointed as Scrutinizer.
  • The results were declared on May 2, 2026, based on the Scrutinizer's report submitted to Company Secretary Kamal Kishor Sewoda.
  • Voting Results: The resolution received 100% assent votes (13,623,331 votes) from 114 members, with minimal dissent (511 votes from 2 members). Total votes cast were 13,623,842 from 116 members.
  • Remuneration Details: Sri Birla's remuneration includes:
  • Salary, commission (not exceeding 2% of net profits), perquisites and other benefits/allowances, subject to an aggregate maximum of 5% of net profits or ₹3 crores per annum, whichever is higher.
  • Where profits are inadequate or absent, minimum remuneration of up to ₹25.00 lakhs per month.
  • Additional perquisites not included in the minimum remuneration computation: gratuity at half a month's salary per completed year of service and encashment of unavailed leave at end of tenure.