Board recommends second term for Independent Director; postal ballot notice dispatched to members
Board has recommended a second consecutive term of five years for Independent Director Bhaskar Vemban Iyer (DIN: 00480341), starting 12 November 2026.
By ScoutQuest · · 2 min read
- First term ends
- 11 November 2026
- Second term commencement
- 12 November 2026
- Postal ballot notice dispatched
- 23 October 2026
What the company told the exchanges
Themis Medicare has informed BSE (Scrip Code 530199) and NSE (Symbol: THEMISMED) that the first term of Mr. Bhaskar Vemban Iyer (DIN: 00480341) as an Independent Director is due to conclude on 11 November 2026.
- The Board has recommended his re-appointment as an Independent Director for a second consecutive term of five years, commencing from 12 November 2026.
- The recommendation is based on the Nomination and Remuneration Committee's advice and consideration of his skills, experience, expertise and performance evaluation.
- The company completed dispatch of the Postal Ballot Notice to members on 23 October 2026, seeking their approval for this re-appointment.
- The Postal Ballot Notice is also available on the company's website, www.themismedicare.com.
Why shareholder approval is being sought
The re-appointment is being put to members through a postal ballot, which means shareholders will vote on the proposal remotely rather than at a general meeting. The Board's recommendation is the first step; the appointment takes effect only after members approve it through this process.
What this means for a retail investor
- This is a board and governance update about who sits on the company's board, not an announcement about the company's business, orders, earnings or finances.
- An Independent Director is a board member who is not part of the company's management and is meant to bring an outside view to board decisions.
- The update states the proposal and the process being followed; it does not set out any financial terms, and none are involved in a director's appointment of this kind.
- Shareholders who wish to vote can do so using the Postal Ballot Notice, which the company has said is available on its website.
Key dates to note
- First term of the Independent Director concludes on 11 November 2026.
- Second term, if approved, commences from 12 November 2026 and runs for five years.
- Postal Ballot Notice dispatched on 23 October 2026.
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More numbers
- Second term of re-appointment as Independent Directorfive years
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