Banco Products (I) Limited — Others, 29-05-2025: Shareholders meeting

Banco Products (India) Limited has announced a board meeting to approve three items via postal ballot with remote e-voting: regularising Mr. Venkata Ranganath Kumar Sami’s appointment as Director; appointing him as Whole-time Director (Innovations) & Chief Technical Officer for three years with annual pay up to Rs. 200 Lakhs, including salary and incentives; and approving a 1.5% commission on net profits to Mr. Shivam M. Patel, Non-Executive Director, for three financial years starting 2024-25. Mr. Sami’s 20+ years in automotive technology and Mr. Patel’s strategic input support the company’s growth plans.