Bervin Investment and Leasing Appoints Ashok Ogra as Independent Director with Overwhelming Shareholder Approval

1 min read Updated on 07 Aug 2025, 01:42 PM

Reviewed by

Radhika SScanX News Team

Overview

Bervin Investment & Leasing Limited has appointed Mr. Ashok Ogra as an Independent Director for a five-year term from May 20, 2025, to May 19, 2030. The appointment was approved through a postal ballot with 99.99% of votes in favor. The e-voting process, facilitated by NSDL, ran from July 8 to August 6, 2025. Ms. Manisha Gupta acted as the Scrutinizer, confirming a fair voting process. The appointment adheres to relevant sections of the Companies Act, 2013 and SEBI regulations.

*this image is generated using AI for illustrative purposes only.

Bervin Investment & Leasing Limited has successfully appointed Mr. Ashok Ogra as an Independent Director following a postal ballot, marking a significant corporate governance development for the company.

Appointment Details

The special resolution for Mr. Ogra's appointment was passed with an overwhelming majority. Key details of the appointment include:

Term: Mr. Ogra will serve a five-year term from May 20, 2025, to May 19, 2030.
Position: Independent Director, not liable to retire by rotation.
DIN: 11115254

Voting Results

The postal ballot, conducted through remote e-voting, saw strong shareholder participation and support:

Voting Category	Number of Members	Votes Cast	Percentage
In Favor	53	4,898,820	99.99%
Against	9	17	0.01%
Total	62	4,898,837	100.00%

Voting Process

The e-voting period ran from July 8, 2025, to August 6, 2025.
National Securities Depository Limited (NSDL) facilitated the electronic voting process.
The resolution was deemed passed on August 6, 2025, the last date of remote e-voting.

Scrutinizer's Report

Ms. Manisha Gupta of M/s Manisha Gupta & Associates, a Practicing Company Secretary, acted as the Scrutinizer for the postal ballot. Her report, dated August 7, 2025, confirmed the fair and transparent conduct of the voting process.

Regulatory Compliance

The appointment and voting process adhered to the following regulations:

Sections 108 and 110 of the Companies Act, 2013
Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014
Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Transparency Measures

Bervin Investment & Leasing Limited has taken steps to ensure transparency:

The postal ballot notice was sent to shareholders on July 7, 2025.
Voting results and the Scrutinizer's report are available on the company's website ( www.bervin.com ) and NSDL's e-voting website.
Newspaper advertisements were published on July 8, 2025, in Financial Express (English) and Jansatta (Hindi).

The appointment of Mr. Ashok Ogra as an Independent Director with such strong shareholder support demonstrates Bervin Investment & Leasing Limited's commitment to robust corporate governance practices. This move is expected to bring fresh perspectives to the company's board and potentially contribute to its strategic direction in the coming years.

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