Alicon Castalloy Limited — Others, 04-12-2024: Copy of Newspaper Publication

Alicon Castalloy Ltd. has announced a board meeting to seek shareholder approval for the appointments of Ms. Bijal Tushar Ajinkya and Mr. Ajay S. Patil as Independent Directors, via postal ballot. The company has engaged NSDL for remote e-voting, which opens on 5th December and closes on 4th January. This move aims to enhance governance and operational efficiency. Investor sentiment may view this positively, as strong governance can lead to improved performance and increased shareholder confidence. Results will be declared by 6th January, indicating a focus on timely communication with stakeholders.