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Indo Rama Synthetics (India) Limited ( (IN:INDORAMA) ) has issued an update.
Indo Rama Synthetics (India) Limited announced the dispatch of a Postal Ballot Notice to its shareholders, as confirmed by newspaper publications in The Indian Express and Loksatta. This move is part of the company’s compliance with regulatory requirements, allowing shareholders to vote on special business matters, including the re-appointment of a director and approval of material related party transactions, potentially impacting corporate governance and shareholder engagement.
More about Indo Rama Synthetics (India) Limited
Indo Rama Synthetics (India) Limited operates in the synthetic fiber industry, focusing on the production and distribution of polyester products. The company is a significant player in the Indian market, with manufacturing facilities located in Nagpur, Maharashtra, and a corporate office in Gurugram, Haryana.
YTD Price Performance: -6.98%
Average Trading Volume: 14,185
Current Market Cap: 9.92B INR
Find detailed analytics on INDORAMA stock on TipRanks’ Stock Analysis page.