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As on : 01-Sep-2026
Corporate News
01-Sep-2026     18:11

Sharda Motor Industries shareholders to vote on key director appointments and auditor remuneration

Sharda Motor Industries Limited shareholders will vote on several key resolutions at the 41st Annual General Meeting, including the re-appointment of Ajay Relan as Executive Chairperson for a five-year term and the approval of his remuneration, both requiring a simple and special majority vote respectively. Shareholders must also approve the remuneration of Non-Executive Director Navin Paul, which necessitates a special resolution due to potential regulatory thresholds. Additionally, the appointment of M/s Gurdeep Singh & Associates as Cost Auditors for the financial year 2026-27 will be put to a vote as an ordinary resolution. These resolutions are in compliance with Securities and Exchange Board of India (SEBI) regulations and pertain to director and auditor appointments and remuneration.

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