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The Board of Directors has approved a proposal to seek shareholders' consent via a postal ballot for the reappointment of Ms. Irmgard Velagapudi as Managing Director for five years starting from March 29, 2025, and Mr. Vinod R. Sethi as Whole-Time Director for five years beginning April 8, 2025. This decision is subject to shareholder approval. The notice regarding the postal ballot will be distributed electronically to shareholders with registered email addresses. A cut-off date of February 17, 2025, has been established to determine voting eligibility. This move reflects a strategic effort to maintain leadership continuity, which could support stable operations and ongoing growth in the company's competitive landscape.
All announcements from KCP Sugar and Industries Corporation Limited