Kaycee Industries Seeks Shareholder Approval for Raman Krishnamoorthy's Appointment as Whole Time Director

1 min read Updated on 23 Sept 2025, 04:10 PM

Reviewed by

Riya DeyScanX News Team

Overview

Kaycee Industries has initiated a postal ballot to appoint Mr. Raman Krishnamoorthy as Whole Time Director for a three-year term starting August 02, 2025. The proposed role includes a monthly salary of Rs. 2,65,000 with annual increments. Mr. Krishnamoorthy, 52, brings 25 years of experience across various sectors. E-voting for shareholders is scheduled from September 27 to October 26, 2025, with results expected by October 28, 2025. The Board of Directors unanimously recommends approval of this appointment.

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

Kaycee Industries has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Raman Krishnamoorthy as Whole Time Director. The proposed appointment, if approved, will be for a three-year term starting August 02, 2025.

Proposed Appointment Details

The company's Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has proposed Mr. Krishnamoorthy's appointment. Key details of the proposal include:

Term: Three years from August 02, 2025 to August 01, 2028
Position: Whole Time Director, liable to retire by rotation
Remuneration:
- Monthly salary of Rs. 2,65,000.00
- Annual increment of Rs. 25,000.00
- Standard perquisites including medical benefits, travel allowances, and provident fund contributions

About Raman Krishnamoorthy

Mr. Krishnamoorthy, 52, brings over 25 years of diverse experience across banking, healthcare, manufacturing, and industrial sectors. His qualifications include:

B.A. in Corporate Secretaryship
Master of Commerce
Post Graduate Diploma in Financial Management
MBA in Finance

Previously serving as the Chief Operating Officer and Manager at Kaycee Industries, Mr. Krishnamoorthy earned Rs. 26.18 lakhs in that capacity during the 2024-25 financial year. His expertise spans financial management, operational control, strategic cost management, risk mitigation, internal audit, and legal compliance.

Voting Process

The company has outlined the following e-voting schedule for shareholders:

Event	Date and Time
Commencement of remote e-voting	9:00 a.m. IST on September 27, 2025
Conclusion of remote e-voting	5:00 p.m. IST on October 26, 2025
Cut-off date for eligibility	September 20, 2025

The results of the postal ballot are expected to be announced by October 28, 2025.

Board Recommendation

The Board of Directors, citing Mr. Krishnamoorthy's expertise, knowledge, and experience, has unanimously recommended the special resolution for shareholder approval.

Kaycee Industries, with its registered office in Mumbai, continues to adapt its leadership structure to drive growth and operational excellence in the industrial sector.

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