Matrimony.com Announces Postal Ballot for Buyback, Director Re-appointments, and Remuneration
Matrimony.com Limited has announced a postal ballot process, including e-voting, for its shareholders to approve several key proposals. The businesses to be transacted include an approval for the buyb...
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Why is Matrimony.Com Limited in the news today?
Matrimony.Com Limited (MATRIMONY) is in the news due to the announcement details several routine corporate actions such as director re-appointments and remuneration approvals, alongside a share buyback proposal. while the buyback could be seen positively, the overall tone is procedural and informational, without immediate financial performance data or significant strategic shifts that would warrant a strongly positive or negative sentiment.
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Matrimony.com Announces Postal Ballot for Buyback, Director Re-appointments, and Remuneration
December 19, 2025, 11:35 AM
Matrimony.com Limited has announced a postal ballot process, including e-voting, for its shareholders to approve several key proposals. The businesses to be transacted include an approval for the buyback of equity shares of the company. Additionally, shareholders will vote on the re-appointment of Shri. Sivaramakrishnan Meenakshi Sundaram as an Independent Director for a period of 5 years, commencing March 11, 2026, to March 10, 2031. The company is also seeking approval for the payment of remuneration to Shri Murugavel Janakiraman for the financial year 2025-26 on the same terms as previously approved. Further, shareholders will vote on the re-appointment of Shri. Murugavel Janakiraman as Managing Director for a period from April 01, 2026, to March 31, 2029, with a proposed salary of ₹2.75 Crore per annum, plus allowances, variable performance pay up to 100% of fixed salary, and perquisites.
The dispatch of the postal ballot was completed on December 19, 2025. The e-voting commenced on December 20, 2025, and will conclude on January 18, 2026, at 5:00 PM IST. The results of the e-voting are expected to be declared by January 20, 2026. The company has engaged KFin Technologies Limited to facilitate the remote e-voting process.
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