Srivasavi Adhesive Tapes Limited — Others, 17-06-2025: Shareholders meeting

Srivasavi Adhesive Tapes has announced a postal ballot seeking shareholder approval on three key proposals. First, the company intends to pay remuneration to its directors beyond the usual 11% cap of net profits. Second, it proposes increasing the annual remuneration of Chairman & Managing Director Mr. Dasa Nagaraja Anilkumara to ₹84 lakhs, effective June, reflecting his leadership role and contribution. Third, the company seeks approval to extend loans, guarantees, or securities up to ₹100 crores to group companies, associates, or related entities to support business needs. Voting will be conducted electronically over a specified period.