Paras Defence Shareholders Approve Re-appointment of Independent Director Suresh Katyal
Paras Defence and Space Technologies Limited announced that its shareholders have overwhelmingly approved the re-appointment of Mr. Suresh Katyal as Non-Executive Independent Director for a second ter...
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Why is Paras Defence and Space Technologies Limited in the news today?
Paras Defence and Space Technologies Limited (PARAS) is in the news due to the re-appointment of an independent director with a high majority indicates strong shareholder confidence and support for the company's governance and leadership.
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Paras Defence Shareholders Approve Re-appointment of Independent Director Suresh Katyal
December 19, 2025, 01:22 PM
Paras Defence and Space Technologies Limited announced that its shareholders have overwhelmingly approved the re-appointment of Mr. Suresh Katyal as Non-Executive Independent Director for a second term of five years, effective January 5, 2026. The resolution was passed via a postal ballot conducted through remote e-voting, which concluded on December 19, 2025. The company had initiated the postal ballot process following communications dated November 13, 2025, November 18, 2025, and November 19, 2025. The e-voting period ran from November 20, 2025, to December 19, 2025. The scrutinizer's report confirmed that the resolution received a substantial majority, with 99.9665% of the votes cast in favour. Only 0.0335% of the votes were cast against the resolution, and no votes were declared invalid. The company has submitted the voting results and the scrutinizer's report to the stock exchanges as required by SEBI regulations.
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