Postal ballot for approval of appointment of Sanjeev Kumar, IAS as Managing Director
GNFC has published a public notice of a postal ballot in the Ahmedabad edition of Business Standard and the Vadodara edition of Loksatta-Jansatta on October 06, 2026.
- Resolution
- Appointment of Shri Sanjeev Kumar, IAS as a Director and as the Managing Director, by Ordinary Resolution
- Remote e-voting window
- Wednesday, October 07, 2026, 9:00 A.M. (IST) to Thursday, November 05, 2026, 5:00 P.M. (IST)
- Cut-off date
- October 01, 2026
What has been sent out
A public notice of a postal ballot has been published on October 06, 2026 in the Ahmedabad edition of Business Standard and the Vadodara edition of Loksatta-Jansatta. The notice was earlier dispatched to members by email on Monday, October 05, 2026, and is available on the company's website, the stock exchange websites and the KFin e-voting website. The postal ballot is being conducted through remote electronic voting only.
What members are being asked to decide
- Approval of the appointment of Shri Sanjeev Kumar, IAS as a Director and as the Managing Director of the Company.
- This is placed before members as an Ordinary Resolution through postal ballot.
How and when to vote
- Remote e-voting commences on Wednesday, October 07, 2026 at 9:00 A.M. (IST).
- Remote e-voting ends on Thursday, November 05, 2026 at 5:00 P.M. (IST).
- The cut-off date for deciding who is eligible to vote is Thursday, October 01, 2026; only members whose names appear in the register of members / list of beneficial owners on that date can vote.
- Hard copies of the notice, postal ballot form and prepaid business reply envelope have not been sent, so members must communicate assent or dissent only through remote e-voting.
- E-voting is not allowed beyond the closing date and time, and the module is disabled on expiry of that period. Once a vote is cast, no change is allowed afterwards.
Who is conducting the process
CS J. J. Gandhi, Practicing Company Secretary, has been appointed as the Scrutinizer to scrutinise the entire e-voting process in a fair and transparent manner; the Scrutinizer's decision on the validity of votes cast is final. KFin Technologies Limited is providing the remote e-voting facility, and members can reach KFin's helpdesk for queries through its e-voting website, Help and FAQs sections and the toll-free number.
Where the results appear
Results, along with the Scrutinizer's Report, will be placed on the company's website and on KFin's e-voting website immediately after they are declared by the Chairman or an authorised person, and will be communicated to the stock exchanges where the equity shares are listed.
What this means for investors
A postal ballot is the route a company uses to get shareholder approval on a resolution without holding a physical meeting, with voting done electronically. A change at the top of the company, here the appointment of a Managing Director, is one such decision placed before shareholders. Those holding shares as on the cut-off date can use the remote e-voting facility within the window to record their vote.
For members updating records: those holding shares in physical mode who have not registered or updated their email address may submit Form ISR-1 and ISR-2 with their KYC details to the company's Registrar and Transfer Agent; those holding in demat mode may update their email address with their Depository Participant.
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