Ramco Industries Limited, a leading building materials manufacturer based in Tamil Nadu, India, successfully passed a special resolution through e-voting for the appointment of Smt. Soundara Kumar as a Non-Executive Independent Director for a five-year term starting March 23, 2025.
Ramco Industries Limited, a well-established manufacturer of fiber cement products and roofing sheets headquartered in Tamil Nadu, India, has successfully conducted an e-voting process to approve a special resolution. The resolution, passed on March 16, 2025, secures the appointment of Smt. Soundara Kumar as a Non-Executive Independent Director for a term of five years, from March 23, 2025, to March 22, 2030.
The e-voting process, overseen by Chartered Accountant Srinivasan Krishnaswami, was conducted per Sections 108 and 110 of the Companies Act, 2013, along with relevant SEBI regulations. The voting period lasted from February 15, 2025, to March 16, 2025, allowing shareholders to cast their votes electronically.
Out of the total votes cast, 99.82% were in favor of the resolution, ensuring its passage. The company emphasized that the process adhered to regulatory guidelines, providing transparency and accessibility for shareholders. The appointment of Smt. Soundara Kumar is expected to strengthen corporate governance and bring valuable expertise to the board.
With the resolution passed, Ramco Industries Limited reaffirms its commitment to regulatory compliance and governance standards, ensuring the company’s long-term strategic growth.
