Naman In-Store (India) Limited — Others, 11-03-2025: Shareholders meeting

Naman In-Store (India) Limited has sent a Postal Ballot Notice to its registered members seeking their approval for several key items via remote e-voting. Notably, the company is requesting consent for the Employee Stock Option Scheme (ESOS) for its employees and those of group companies, involving up to 7,00,000 options. Additionally, shareholders will vote on the grant of options to identified employees exceeding 1% of the issued capital in a year and the appointment of Mr. Rakeshkumar Dinesh Mishra as an Independent Director. The voting period will be open from March 14 to April 12, 2025. This move is seen as a strategy to enhance employee retention and align their interests with the company's growth, potentially boosting investor sentiment.