Ortin Global Limited Schedules EGM for Board Appointments and Remuneration Changes
Ortin Global, formerly Ortin Laboratories, has scheduled an EGM for August 25, 2025, to appoint new directors and make leadership changes. The company plans to appoint Mr. Sarang Balbhimrao Patodekar as Chairperson and Independent Director, along with Mr. Ajay Vishwakarma and Ms. Mounika Pammi as Independent Directors. Mr. Prashant Prakash Sawant and Mrs. Prakruti Prashant Sawant are proposed as Whole-time Directors with a monthly remuneration of Rs. 55,000 each. The pharmaceutical company reported a turnover of Rs. 602.03 lakhs for FY 2024-25 with a net loss of Rs. 9.36 lakhs. Remote e-voting will be available from August 22-24, 2025, with August 18, 2025, as the cut-off date for voting eligibility.
*this image is generated using AI for illustrative purposes only.
Ortin Global , formerly known as Ortin Laboratories Limited, has announced an Extraordinary General Meeting (EGM) to be held on August 25, 2025, at 3:00 PM through video conferencing. The meeting aims to address several key appointments and changes in the company's leadership structure.
Board Appointments and Remuneration
The EGM agenda includes five special resolutions, primarily focusing on the appointment of new directors and changes in executive roles:
Mr. Sarang Balbhimrao Patodekar is proposed to be appointed as Chairperson and Independent Director for a 5-year term from July 10, 2025, to July 9, 2030.
Mr. Ajay Vishwakarma and Ms. Mounika Pammi are set to be appointed as Independent Directors for similar 5-year terms.
Mr. Prashant Prakash Sawant and Mrs. Prakruti Prashant Sawant are to be appointed as Whole-time Directors for 3-year terms from July 10, 2025, to July 9, 2028, each with a proposed monthly remuneration of Rs. 55,000.00.
Financial Performance
The pharmaceutical company reported a turnover of Rs. 602.03 lakhs for the financial year 2024-25, with a net loss of Rs. 9.36 lakhs. This performance comes in the context of the company's recent rebranding from Ortin Laboratories Limited to Ortin Global Limited.
Voting Details
Shareholders can participate in remote e-voting from August 22-24, 2025. The cut-off date for voting eligibility is set as August 18, 2025. The company has engaged KFin Technologies Limited to provide the e-voting facility.
New Leadership Profiles
Mr. Sarang Balbhimrao Patodekar
- Over 20 years of expertise in Marketing, Sales, and Team Management across CIS nations
- M.Sc (M.Tech) in Computers from Ukraine
- Strong international ties in infrastructure, railways, nanotechnologies, and defense
Mr. Ajay Vishwakarma
- Seasoned Senior Property Consultant with over 14 years of experience in real estate and construction
- Holds a Diploma in Building Maintenance
Ms. Mounika Pammi
- More than 15 years of leadership experience across marketing, insurance, administration, CSR, and strategic consulting
- MBA in Marketing
- Previously served as MD of MNRG Technologies
Mr. Prashant Prakash Sawant
- Engineer by education
- Former Vice President of JP Morgan Chase
- Expertise in Technical Analysis and understanding of domestic and international commodities markets
Mrs. Prakruti Prashant Sawant
- Software professional with a Masters in Computer Applications (MCA)
- Strong leadership and team management skills
The EGM marks a significant step in Ortin Global Limited's corporate governance and leadership structure, potentially setting the stage for the company's future strategic direction and growth plans.
Historical Stock Returns for Ortin Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -3.79% | -4.76% | +8.83% | -44.39% | -37.60% |
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