Continental Controls Completes Director Re-appointments Through Postal Ballot
Continental Controls Limited successfully concluded its postal ballot process with overwhelming shareholder support, re-appointing four key directors for 5-year terms and securing financial authorizations. The company demonstrated strong corporate governance with detailed regulatory disclosures and transparent voting processes.
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Continental Controls Limited has successfully completed its postal ballot process, securing shareholder approval for the re-appointment of four directors through special resolutions. The company submitted comprehensive disclosure documents to BSE Limited on February 24, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Director Re-appointments with Strong Mandate
The postal ballot, concluded on February 21, 2026, resulted in the approval of four key director re-appointments with overwhelming shareholder support of 99.9958% votes in favor:
| Director: | Position | Term | DIN |
|---|---|---|---|
| Mr. Rajnish Kumar Pandey | Executive Whole-Time Director | April 12, 2026 to April 11, 2031 | 01096119 |
| Mr. Abhay Kumar Sethia | Non-Executive Independent Director | February 5, 2026 to February 4, 2031 | 09721583 |
| Ms. Chetna Gupta | Non-Executive Independent Director | February 5, 2026 to February 4, 2031 | 02212440 |
| Ms. Khusbu Agarwal | Non-Executive Independent Director | February 5, 2026 to February 4, 2031 | 09847254 |
All three independent directors have been re-appointed for their second consecutive term of 5 years, while Mr. Rajnish Kumar Pandey continues as Executive Whole-Time Director for another 5-year term.
Director Profiles and Expertise
The re-appointed directors bring substantial professional experience across diverse domains. Mr. Rajnish Kumar Pandey, with qualifications including M.Com, MA (Econ), LLB, FCS, FCA, PhD, and IP (IBBI), contributes over 38 years of experience in law, project management, corporate matters, and finances.
| Director: | Key Qualifications | Experience |
|---|---|---|
| Mr. Abhay Kumar Sethia | B.Com, CA (Intermediate) | 17 years in finance, taxation, audit, and compliance |
| Ms. Chetna Gupta | Company Secretary, LL.B., MBA (HR), CWA (Intermediate) | 15 years in corporate governance and financial control |
| Ms. Khusbu Agarwal | M.Com, LL.B., MJMC, FCS, IBBI Registered Valuer | 9 years in corporate law and valuation |
Voting Results and Shareholder Participation
The detailed voting results revealed strong shareholder confidence, with each director re-appointment receiving 1,593,750 votes in favor against only 67 votes opposed. The company also secured approval for two additional financial resolutions with 99.9204% approval rate:
| Resolution: | Description | Public Votes | Approval Rate |
|---|---|---|---|
| Resolution 5 | Borrowing authorization up to Rs. 10 Crores under Section 180(1)(c) | 84,213 | 99.9204% |
| Resolution 6 | Authority for loans/guarantees/security under Section 185 | 84,213 | 99.9204% |
Regulatory Compliance and Corporate Governance
The postal ballot process was conducted under the supervision of Mr. Abhishek Wagh (ACS A65319) from M/S Abhishek Wagh & Associates as scrutinizer. Company Secretary Jyoti Darade (ACS 70171) confirmed that all re-appointed directors are not debarred from holding directorship by virtue of any SEBI order or other regulatory authority. The company has fulfilled all disclosure requirements under SEBI Master Circular guidelines dated November 11, 2024, and December 31, 2024, ensuring complete transparency and regulatory adherence.
Historical Stock Returns for Continental Controls
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.87% | +2.94% | +10.41% | +7.89% | -11.28% | +136.00% |
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