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Sharda Motor Industries shareholders to vote on key director appointments and auditor remuneration
01-Sep-2026, 06:11

Sharda Motor Industries Limited shareholders will vote on several key resolutions at the 41st Annual General Meeting, including the re-appointment of Ajay Relan as Executive Chairperson for a five-year term and the approval of his remuneration, both requiring a simple and special majority vote respectively. Shareholders must also approve the remuneration of Non-Executive Director Navin Paul, which necessitates a special resolution due to potential regulatory thresholds. Additionally, the appointment of M/s Gurdeep Singh & Associates as Cost Auditors for the financial year 2026-27 will be put to a vote as an ordinary resolution. These resolutions are in compliance with Securities and Exchange Board of India (SEBI) regulations and pertain to director and auditor appointments and remuneration.