FDC has announced the appointment of Mr. Kishore Saletore as an Independent Director for a five-year term, starting from April 1, 2026, to March 31, 2031. This appointment is subject to the approval of the company’s shareholders through a Postal Ballot process.
The Board of Directors had initially approved Mr. Saletore’s appointment during their meeting on March 18, 2026. The decision to seek shareholder approval through a Postal Ballot was made during the board meeting held on April 21, 2026.
To ensure a fair and transparent Postal Ballot process, the board has appointed Mr. Sanjay Dholakia, a Practicing Company Secretary, as the Scrutinizer. Mr. Dholakia is the Proprietor of M/s. Sanjay Dholakia & Associates and holds Membership No. 2655 and C.P. No. 1798.
The Postal Ballot notice will be sent electronically to members whose email addresses are registered with MUFG Intime India Private Limited, the company’s Registrar and Transfer Agent, and whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date, April 17, 2026.
FDC will utilise the services of National Securities Depository Limited (NSDL) to provide a remote e-voting facility to its members. The e-voting period will commence on Tuesday, April 28, 2026, at 9:00 a.m. IST and conclude on Wednesday, May 27, 2026, at 5:00 p.m. IST. The results of the voting will be declared by the Scrutinizer on or before Friday, May 29, 2026, and will be communicated to the stock exchanges.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).