CARYSIL LIMITED — Others, 17-02-2025: Shareholders meeting

Carysil Limited has announced a board meeting to seek shareholder approval via postal ballot for a special resolution regarding the revision of Mr. Anand Sharma's remuneration as Executive Director & Group CFO. The proposed adjustments include a basic salary range of ₹41.40 crore to ₹47.62 crore per annum and allowances/perquisites between ₹73.60 crore and ₹84.64 crore, effective February 1, 2025. The remote e-voting will open from February 19 to March 20, 2025, with results announced by March 22, 2025. This potential increase reflects the company's commitment to aligning compensation with the industry standard, likely fostering a positive outlook among investors focused on management effectiveness and performance-based rewards.