Board approves re-appointment of a Non-Executive Independent Director for a second five-year term
Board approved re-appointment of Mr. Manik Chand Tater as Non-Executive Independent Director for a second consecutive 5-year term, from 22 November 2026 to 21 November 2031.
By ScoutQuest · · 2 min read
- Re-appointment term
- second consecutive 5-year term, from 22 November 2026 to 21 November 2031
- Members' approval route
- Special Resolution via postal ballot, remote e-voting only
- Remote e-voting window
- 16 October 2026 (9:00 A.M.) to 14 November 2026 (5:00 P.M.)
What the company told the exchange
The Board of Balurghat Technologies Limited met on Wednesday, 14 October 2026 and approved the re-appointment of Mr. Manik Chand Tater (DIN: 01096517) as a Non-Executive Independent Director for a second consecutive term of five years, from 22 November 2026 to 21 November 2031.
He will not be liable to retire by rotation. The proposal came on the recommendation of the Nomination and Remuneration Committee and is subject to the approval of the Members by Special Resolution.
How members will vote
- The Board approved the Postal Ballot Notice, explanatory statement and calendar of events to seek member approval through remote e-voting only, and authorised the related updates and dispatch.
- Cut-off date to determine members entitled to vote and receive the Notice: Friday, 9 October 2026.
- Remote e-voting window: Friday, 16 October 2026 (9:00 A.M.) to Saturday, 14 November 2026 (5:00 P.M.).
- Udit Agarwal, an Advocate associated with Kamalia Associates, has been approved as Scrutinizer for conducting the process.
- Central Depository Services (India) Limited (CDSL) has been approved as the e-voting service provider for the postal ballot.
About the director
- Mr. Tater holds a Bachelor's Degree in Commerce (B.Com.) and has experience in business management, administration and corporate affairs.
- He has been associated with the company as a Non-Executive Independent Director since 23 November 2021.
- He has contributed to the functioning of the Board and its Committees, including the Nomination and Remuneration Committee and the Stakeholders Relationship Committee.
- Other directorships: Charchco Electronics (India) Private Limited and Cleantek Energy Private Limited.
- Membership or chairmanship of committees of the boards of other companies: None.
- He is not related to any Director or KMP of the company, and is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.
Meeting timings
The Board meeting commenced at 5:00 PM and concluded at 6:40 PM.
What this update is about
This is a board outcome on the tenure of one independent director. The re-appointment runs for a further five years, but it takes effect only once members approve it through the postal ballot. Because it is being put to members as a Special Resolution, the vote will decide whether the second term goes through as approved by the Board.
Also from Balurghat Technologies
Board approves re-appointment of Independent Director for second five-year term; members to vote via postal ballot
14 Oct 2026
More numbers
- Term of re-appointmentfive years
- Directorships in other companies2
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