Cello World Limited , a prominent player in the consumer goods sector, has announced the results of its recent postal ballot, revealing strong shareholder support for the reappointment of key management personnel.

Management Reappointments

The company sought shareholder approval for four significant reappointments:

1. Mr. Pradeep Ghisulal Rathod as Chairman and Managing Director
2. Mr. Pankaj Ghisulal Rathod as Joint Managing Director
3. Mr. Gaurav Pradeep Rathod as Joint Managing Director
4. Mr. Gagandeep Singh Chhina as Non-Executive, Non-Independent Director

All four resolutions were passed with overwhelming majority, demonstrating shareholders' confidence in the current leadership.

Voting Results

The voting results for each resolution are as follows:

Terms of Reappointment

The reappointments of Pradeep Ghisulal Rathod, Pankaj Ghisulal Rathod, and Gaurav Pradeep Rathod are for a period of five years, from November 11, 2025, to November 10, 2030. All three will be liable to retire by rotation during their tenure.

The Board has been authorized to alter or vary the terms and conditions of these appointments, including remuneration, in accordance with the provisions of Schedule V and other applicable provisions of the Companies Act, 2013.

Corporate Governance

In a separate development, Cello World Limited has announced meetings of equity shareholders and unsecured creditors to consider and approve a Composite Scheme of Arrangement involving Wim Plast Limited, Cello Consumer Products Private Limited, and Cello World Limited. These meetings are scheduled following an order dated October 7, 2025, from the National Company Law Tribunal, Ahmedabad Bench.

The company completed the dispatch of meeting notices on November 3, 2025, through electronic mode to equity shareholders whose email addresses were registered as of October 30, 2025. The notices and accompanying documents are available on the company's website.

These corporate actions reflect Cello World Limited's commitment to transparency and adherence to regulatory requirements, as the company continues to evolve its leadership structure and corporate strategy.

Cello World Limited , a prominent player in the consumer goods sector, has announced the results of its recent postal ballot, revealing strong shareholder support for the re-appointment of key directors. The voting, conducted through electronic means, concluded on October 31, 2025, with shareholders approving four significant ordinary resolutions.

Board Re-appointments

The postal ballot results show overwhelming support for the company's leadership:

Terms of Appointment

All four directors have been re-appointed for a five-year term, effective from November 11, 2025, to November 10, 2030. This decision ensures continuity in the company's leadership and strategic direction for the coming years.

Voting Process and Scrutiny

The postal ballot notice was issued on October 1, 2025, with the voting period spanning from October 2 to October 31, 2025. The process was conducted entirely through electronic voting, in line with current corporate governance practices and regulatory guidelines.

CS Dharmesh Sarvaiya, appointed as the scrutinizer, submitted the report on November 3, 2025, confirming the validity of the voting process and results. The scrutinizer's report indicates that the e-voting system provided by MUFG Intime India Private Limited - InstaVOTE was used for the ballot.

Implications for Cello World Limited

The strong approval ratings for all four resolutions suggest that shareholders have confidence in the current leadership team. This vote of confidence may provide the management with a mandate to continue their strategic initiatives and corporate governance practices.

The re-appointment of these key directors, including the Chairman and Managing Director, two Joint Managing Directors, and a Non-Executive Director, indicates a commitment to maintaining stability in the company's top management. This continuity in leadership may be seen as a positive sign for the company's long-term strategic planning and execution.

Cello World Limited, known for its consumer products, appears to be positioning itself for sustained growth and development under the continued guidance of its experienced leadership team. The company's ability to secure such high approval ratings from its shareholders may be interpreted as a sign of strong investor confidence in its current direction and future prospects.

As Cello World Limited moves forward with its re-appointed leadership, stakeholders will likely be watching closely to see how this vote of confidence translates into business performance and shareholder value in the coming years.