Gland Pharma Limited — Others, 07-02-2025: Shareholders meeting

Gland Pharma has announced a Postal Ballot Notice seeking shareholder approval via remote e-voting for the commission on profits as remuneration to three Independent Directors: Ms. Naina Lal Kidwai (0.25% on net profits, max INR 10 cr per annum), Mr. Udo Jahannes Vetter (0.1% on net profits, max INR 2.5 cr), and Mr. Essaji G. Vahanvati (0.1% on net profits, max INR 2.5 cr). The voting period starts on February 8, 2025, and ends on March 9, 2025. This move is expected to strengthen management incentives and may foster investor confidence, enhancing budgetary flexibility for the company.