Emkay Global seeks shareholder approval for new independent director

Emkay Global Financial Services Limited announced a postal ballot to seek shareholder approval for the appointment of Ajay Mahajan as an independent director. The board of directors, following the recommendation of the Nomination, Remuneration, and Compensation Committee, appointed Mahajan as an additional director effective December 1, 2025. He is proposed to hold office for a term of five consecutive years, until November 30, 2030, subject to shareholder approval.

Mahajan, 58, holds a B.E.(Hons) in Electrical & Electronics Engineering, an MBA, and a CFA Charter. His extensive experience spans over three decades in commercial and wholesale banking, financial markets, credit ratings, and fintech. He has previously served as MD & CEO of CARE Ratings and is currently the managing director & partner at Silicon Road Ventures, co-founder & CEO of BondNest Capital, and an independent director at Knowledge Realty Trust. The board believes his appointment will benefit the company's deliberations.

The remote e-voting period for this resolution commences on Thursday, December 11, 2025, at 9:00 A.M. IST and concludes on Friday, January 9, 2026, at 5:00 P.M. IST. Only members holding equity shares as of the cut-off date, Friday, December 5, 2025, are eligible to vote. The results of the postal ballot are expected to be announced on or before Tuesday, January 13, 2026.