RPSG Ventures Seeks Shareholder Vote on Director Sudip Ghosh's $2.24M Pay

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AuthorAarav Shah|Published at:
RPSG Ventures Seeks Shareholder Vote on Director Sudip Ghosh's $2.24M Pay
Overview

RPSG Ventures is seeking shareholder approval for Sudip Kumar Ghosh to join as Director and Whole-time Director. His proposed annual compensation is ₹2.24 crore, starting April 1, 2026.

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RPSG Ventures Seeks Shareholder Approval for Director Sudip Ghosh

RPSG Ventures Limited is asking its shareholders to vote on the appointment of Mr. Sudip Kumar Ghosh as a Director and Whole-time Director. The company has started a postal ballot and e-voting process for this decision.

If approved, Mr. Ghosh's term as Whole-time Director will begin on April 1, 2026, and last for three years. His proposed annual remuneration package totals ₹2.24 crore, which includes a salary of ₹0.70 crore and perquisites valued at ₹1.54 crore.

The board believes Mr. Ghosh's 33 years of experience in financial management, strategic planning, and corporate governance will strengthen the company's leadership. His appointment and compensation terms have been agreed upon by the board and its Nomination and Remuneration Committee.

Shareholders can cast their votes electronically from May 21, 2026, to June 19, 2026. The cut-off date for determining who is eligible to vote is May 15, 2026.

Investors may closely examine the proposed pay package against the company's financial performance and industry standards. The success of this appointment hinges on shareholder approval.

Executive compensation varies widely based on company size, experience, and pay policies. Specific comparisons for this level of director pay are typically found in annual reports.

Investors will be watching the e-voting results to confirm Mr. Ghosh's appointment and his official start date on April 1, 2026.

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