INEOS Styrolution India Ltd - 506222 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
This is to inform you that the Board of Directors have approved the Postal Ballot Notice for seeking approval of the members by way of Postal Ballot (conducted through e-voting only) pursuant to the provisions of Section 110 of the Companies Act, 2013 on the following resolutions: 1.Approval for revision in the remuneration of Mr. Sanjiv Vasudeva, Managing Director & CEO, for the residual term of his appointment. 2.Approval for revision in the remuneration of Mr. Sanjeev Madan, Whole-time Director & CFO, for the residual term of his appointment. In compliance with Circular No. 10/2021 dated June 23, 2021, the Company has completed dispatch of the notice of postal ballot along with the Explanatory Statement, instructions and manner of e-Voting process through electronic mode only (Cut-off date-October 22, 2021). Members whose email address is not registered/incorrectly registered will also be able to cast vote as defined in Instructions for voting mentioned in Postal Ballot Notice.28-10-2021