Bata India Limited — Others, 30-01-2025: Shareholders meeting

Bata India Limited has submitted a Postal Ballot Notice seeking shareholder approval for two key resolutions. The first resolution proposes the appointment of Mr. Amit Aggarwal as a Director, liable to retire by rotation. The second resolution seeks to finalize his role as a Whole-time Director and includes his remuneration details, approximating ₹2.40 crore annually. The remote e-Voting will open on January 31, 2025, and close on March 1, 2025, with results expected to be declared the same day. This strategic move aims to strengthen management with Mr. Aggarwal’s extensive experience in finance, potentially boosting investor confidence in the company’s governance.