Raymond Lifestyle Seeks Shareholder Approval for Director Appointment via Postal Ballot

Raymond Lifestyle Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Shantilal Pokharna as a Non-Executive Non-Independent Director. Mr. Pokharna, wh...

Raymond Lifestyle Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Shantilal Pokharna as a Non-Executive Non-Independent Director. Mr. Pokharna, who has been serving as an Additional Director since October 29, 2025, requires shareholder consent for his continued directorship, particularly as he will soon exceed the age of 75. The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting for this resolution. The e-voting period commenced on December 17, 2025, and will conclude on January 15, 2026. Shareholders can cast their votes electronically through NSDL's platform. The results of the postal ballot will be declared within two working days of the voting conclusion and will be published on the company's website and NSDL's portal. Mr. Pokharna brings over 42 years of experience in finance, taxation, strategy, and corporate management, having held various leadership roles within the Raymond group. He is currently the President of Group Commercial & Supply Chain for the Raymond group. The Board of Directors has recommended the special resolution for his appointment.

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Why is Raymond Lifestyle Limited in the news today?

Raymond Lifestyle Limited (RAYMONDLSL) is in the news due to the announcement is a routine corporate action regarding director appointment and voting, with no immediate positive or negative financial implications.

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Raymond Lifestyle Seeks Shareholder Approval for Director Appointment via Postal Ballot

December 16, 2025, 01:20 PM

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Raymond Lifestyle Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Shantilal Pokharna as a Non-Executive Non-Independent Director. Mr. Pokharna, who has been serving as an Additional Director since October 29, 2025, requires shareholder consent for his continued directorship, particularly as he will soon exceed the age of 75.

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting for this resolution. The e-voting period commenced on December 17, 2025, and will conclude on January 15, 2026. Shareholders can cast their votes electronically through NSDL's platform. The results of the postal ballot will be declared within two working days of the voting conclusion and will be published on the company's website and NSDL's portal.

Mr. Pokharna brings over 42 years of experience in finance, taxation, strategy, and corporate management, having held various leadership roles within the Raymond group. He is currently the President of Group Commercial & Supply Chain for the Raymond group. The Board of Directors has recommended the special resolution for his appointment.

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