Dindigul Farm Product Limited has formally notified the BSE of its intent to seek approval from the Central Government for the continuation of Mr. Raju Rajasekaran’s directorship. Mr. Rajasekaran, who has attained the age of 70, is proposed to continue as Managing Director, with the designation of Chairman & Managing Director, until 28th December 2028.
Director Re-appointment
Dindigul Farm Product Limited has initiated a process to secure approval for the continued directorship of Mr. Raju Rajasekaran, who has crossed the age of 70. This announcement, dated 26th October 2026, details the company’s plan to apply to the Central Government for this continuation.
Proposed Role and Tenure
Mr. Rajasekaran is proposed to continue in his role as Managing Director, with an expanded designation of “Chairman & Managing Director”. The proposed tenure for his continued directorship is until 28th December 2028. This move follows a special resolution passed at the 16th Annual General Meeting, which, while securing a simple majority, did not meet the statutory majority required for such resolutions.
Regulatory Compliance
The company is invoking provisions of the Companies Act, 2013, to seek this approval. A formal application will be made to the Central Government (Ministry of Corporate Affairs) via e-Form MR-2. Any party with an interest affected by this application is invited to submit representations or objections to the Ministry of Corporate Affairs within seven days of the notice’s publication.
Source: BSE
