Nectar Lifesciences Limited has issued a Postal Ballot Notice dated January 23, 2026, seeking approval from its members for key corporate decisions. The notice, circulated on January 28, 2026, details three special business items for consideration. The first item concerns the appointment of Mr. Sushil Kapoor as a Director liable to retire by rotation. The second item seeks approval for his appointment as a Whole-time Director, designated as Director (Finance), for a period of three years, effective December 4, 2025. His remuneration package includes a monthly salary of ₹3,00,000, bonus, and other perquisites as per the company's HR policy. The company has also proposed to allow remuneration exceeding statutory limits in case of inadequate profits, referencing past financial performance. The third item is to adopt a new Memorandum of Association (MOA) with an amended object clause. The remote e-voting period for these resolutions will commence on January 30, 2026, at 9:00 AM IST and conclude on February 28, 2026, at 5:00 PM IST. The results of the postal ballot are expected to be announced on or before March 2, 2026. Members whose names appeared in the Register of Members or list of beneficial owners as of January 23, 2026, are eligible to vote.
