Windlas Biotech Limited — Others, 19-02-2025: Shareholders meeting

Windlas Biotech Limited has announced a board meeting to seek shareholder approval via postal ballot for the re-appointment of Mr. Hitesh Windlass as Managing Director and Mr. Manoj Kumar Windlass as Joint Managing Director, effective April 30, 2025. Both directors are proposed to receive a fixed remuneration of ₹2.50 Crore per annum, plus a variable pay of up to 2% of the company’s net profits. This move is seen as a strategic step to maintain strong leadership continuity, potentially enhancing investor sentiment as both individuals have significant experience in driving the company's operations and growth. The remote e-voting period will commence on February 21, 2025, and end on March 22, 2025.