📝 Detailed Report on the Announcement
🔹 Leadership Update:
‣ Mr. S. Kalyanaraman (DIN: 00119541) has been redesignated from Wholetime Director & CEO to Managing Director & CEO.
‣ Effective from March 21, 2025 to May 31, 2029.
‣ Subject to Shareholders’ approval via Special Resolution.
🔹 Postal Ballot Process:
‣ Approval will be sought through remote e-voting.
‣ Postal Ballot notice is finalized and e-voting begins from March 29, 2025 and ends April 27, 2025.
‣ Results will be declared on April 29, 2025.
🔹 Scrutinizer Appointed:
‣ M/s A K Jain & Associates represented by Mr. Balu Sridhar / Mr. Pankaj Mehta as Scrutinizer for the Postal Ballot.
🔹 Director Profile:
‣ A Commerce Graduate and Gold Medalist from Pune University.
‣ Associate Member:
-
Institute of Company Secretaries of India
-
Institute of Cost Accountants of India
‣ Joined TTK Group in 1987, with over 30 years of experience in Finance, Corporate Law, Auditing, and Management.
‣ No relationship with any other directors or KMPs.
🔹 Compliance Assurance:
‣ Mr. Kalyanaraman is not debarred by SEBI or any authority.
‣ Fully compliant with Section 164 of Companies Act, 2013.
📈 Impact on Share Market:
✅ Positive sentiment expected due to strong leadership continuity.
✅ Investors often value stable governance, especially with seasoned executives.
✅ Could bring renewed investor confidence and potential uptick in stock performance short-term.
✅ Strengthens company image among institutional investors.
🏢 About the Company – TTK Healthcare Ltd.
🔹 Industry: Healthcare & Pharmaceuticals
🔹 Part of the reputed TTK Group
🔹 Known for quality products in segments like consumer healthcare, diagnostics, and medical devices
🔹 NSE Code: TTKHLTCARE
🔹 BSE Code: 507747
🔹 Website: www.ttkhealthcare.com
🌍 Be Here, Stay Ahead!
💡 “Information is the bridge between uncertainty and opportunity.”
In a world that’s constantly evolving, staying updated isn’t just a habit—it’s a necessity. Whether it’s market trends, business insights, or breakthrough technologies, being informed gives you the edge to make confident decisions.
🔹 Stay curious, stay ahead!
🔹 Knowledge today is success tomorrow.
👉 Be here. Stay informed. Lead the way. 🚀
💡 Quote:
“Information is the currency of democracy.” – Thomas Jefferson
📖 Explanation:
Staying updated with the latest information is like holding the key to opportunities. In the fast-moving world—whether it’s stock markets, business trends, or technology—being informed helps you make smarter decisions, stay ahead of competitors, and adapt to changes effectively. Just like investors track market updates to spot potential growth, staying informed in any field ensures you navigate life with confidence and clarity.
So, keep learning, stay curious, and let knowledge be your power! 🚀
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
