Eimco Elecon (India) Limited — Others, 05-08-2025: Shareholders meeting

Eimco Elecon seeks shareholder approval via postal ballot to appoint Mr. Kamlesh Nalin Shah as a Director and Whole-time Executive Director for a three-year term. Mr. Shah brings 27 years of experience in strategic finance and M&A, expected to significantly benefit the company's operations and long-term vision. His proposed remuneration includes a monthly salary of around 0.048 Cr, allowances of about 0.0855 Cr, and annual variable incentives up to 0.25 Cr. For context, the company reported a Profit After Tax of approximately 48.91 Cr in FY24-25.