DCM Ltd postal ballot notice for appointment of director
DCM Limited has initiated the remote e-voting process for shareholders to approve the appointment of Maj. Gen. Shailendra Singh, SM (Retd.) as a Non-Executive & Independent Director for a five-year term. The e-voting period runs from June 16, 2026, to July 15, 2026, with results to be declared on or before July 17, 2026. The appointment fills the vacancy left by Mr. Ajay Vir Jakhar's resignation on February 4, 2026.
*this image is generated using AI for illustrative purposes only.
DCM Limited has opened the remote e-voting process for shareholders to approve the appointment of Maj. Gen. Shailendra Singh, SM (Retd.) as a Non-Executive & Independent Director. The resolution proposes a five-year term for the director, filling the vacancy created by the resignation of Mr. Ajay Vir Jakhar effective February 4, 2026. The company has completed the dispatch of the notice of the postal ballot dated May 28, 2026, electronically to eligible members.
The Board of Directors appointed Maj. Gen. Shailendra Singh as an Additional Director designated as Independent Director on May 12, 2026, subject to member approval. The candidate, who holds a Director Identification Number (DIN) of 11707781, has submitted a declaration confirming his independence under Section 149 of the Companies Act, 2013, and Regulation 16 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. His remuneration will include sitting fees for board and committee meetings and reimbursement of expenses, with no profit-related commission specified beyond statutory limits.
E-voting Schedule and Process
The company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process. The voting period commences at 09:00 A.M. (IST) on June 16, 2026, and concludes at 05:00 P.M. (IST) on July 15, 2026. Once a vote is cast, it cannot be modified. Only members registered in the Register of Members or List of Beneficial Owners as of the cut-off date, June 5, 2026, are eligible to vote.
| Event | Date and Time (IST) |
|---|---|
| Cut-off Date | June 5, 2026 |
| Commencement of e-voting | June 16, 2026 at 09:00 A.M. |
| End of e-voting | July 15, 2026 at 05:00 P.M. |
| Result Declaration | On or before July 17, 2026 |
Scrutiny and Declaration
Ms. Pragnya Parimita Pradhan, a Company Secretary in Practice, has been appointed as the Scrutinizer to oversee the voting process. She will submit her report to the Chairman on or before July 17, 2026. The results of the postal ballot, along with the Scrutinizer's report, will be declared on or before July 17, 2026, and hosted on the company's website and NSDL's e-voting portal. The resolution, if passed by the requisite majority, will be deemed effective from the last date of the e-voting period.
Maj. Gen. Shailendra Singh brings over 36 years of experience from the Indian Army, specializing in counter-terrorism, disaster management, and operational planning. He is an alumnus of Mayo College and Delhi University and holds multiple master's degrees. The Board of Directors has recommended the special resolution for approval by the members.
Historical Stock Returns for DCM
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.75% | +3.66% | +15.68% | +4.42% | -9.23% | +130.14% |
How will Maj. Gen. Shailendra Singh's expertise in counter-terrorism and disaster management influence DCM Limited's strategic risk management framework?
What specific governance initiatives or board committees is the new independent director expected to lead or join during his five-year term?
Will the appointment signal a shift in DCM Limited's business focus towards sectors requiring operational planning or government interface?
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