Poly Medicure Limited — Others, 04-07-2025: Shareholders meeting

Poly Medicure Limited has announced a postal ballot by remote e-voting to seek shareholder approval for key corporate actions. The company proposes amendments to its Employee Stock Option Scheme (ESOP) 2020 to expand eligibility and streamline administration for rewarding employees and directors. It also seeks to regularize the appointment of Shri Vishal Baid as an Executive Director for five years, with an annual remuneration of Rs. 2.5 Cr plus increments and commission, reflecting his extensive experience and leadership in the medical devices sector. Additionally, the company plans to appoint M/s P.K. Mishra & Associates as Secretarial Auditors for five financial years starting 2025-26. The outcomes will impact governance, talent retention, and regulatory compliance.