Titan Company Seeks Shareholder Approval for IAS Officer Ms Sandhya Venugopal Sharma as Director
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Bengaluru, February 20, 2026: Titan Company Limited has issued a Postal Ballot notice seeking shareholder approval for the appointment of Ms. Sandhya Venugopal Sharma, IAS (DIN:08445015) as a Director of the Company. The resolution is being put forth as an Ordinary Resolution, with the e-voting period commencing on February 22, 2026 and concluding on March 23, 2026.
Key Details of the Postal Ballot:
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Resolution: Appointment of Ms. Sandhya Venugopal Sharma, IAS as a Director
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Type of Resolution: Ordinary Resolution
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Cut-off Date for Eligibility: February 13, 2026
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Remote E-voting Period: February 22, 2026 (9:00 a.m. IST) to March 23, 2026 (5:00 p.m. IST)
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Result Declaration: On or before March 25, 2026
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E-voting Service Provider: National Securities Depository Limited (NSDL)
About the Proposed Director:
Ms. Sandhya Venugopal Sharma, a 1995 batch IAS officer of the Tamil Nadu cadre, was appointed as an Additional Director (Non-Executive & Non-Independent) of the Company effective January 4, 2026, based on the nomination received from Tamilnadu Industrial Development Corporation Limited (TIDCO), the co-promoter of the Company. She currently serves as the Chairperson of TIDCO.
Professional Background:
| Particulars | Details |
|---|---|
| Name | Ms. Sandhya Venugopal Sharma, IAS |
| DIN | 08445015 |
| Date of Birth | February 9, 1971 (Age: 55 years) |
| Date of Appointment | January 4, 2026 |
| Qualifications | Indian Administrative Service (IAS) |
Career Highlights:
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Central Deputation (April 2019 – October 2025): Served with the Department of Space as Joint Secretary and later Additional Secretary in Bengaluru, contributing to Indian space and science administration.
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Government of Karnataka: Anchored the Sarva Shiksha Abhigyan as State Project Director, a program funded by Central & State Governments along with the World Bank, DFID, and UNICEF, working towards universalization of elementary education.
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Tamil Nadu Cadre: Held diverse positions including Commissioner (Archives and Historical Research), various Joint/Deputy Secretary and Controller roles in departments such as Commercial Taxes, Education, and the Tamil Nadu Public Service Commission, as well as district-level administrative assignments as Assistant Collector in Chengalpattu and Tindivanam.
Expertise: People Management, Leadership, and Business Strategy.
Other Directorships:
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Tamilnadu Industrial Development Corporation Limited (TIDCO)
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Tamilnadu Petroproducts Limited
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Tanfac Industries Limited
Why Shareholder Approval is Required:
As per the provisions of Regulation 17(1C) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, approval of the shareholders has to be obtained at the next general meeting or within a period of three months from the date of appointment, whichever is earlier. Accordingly, the Company is seeking shareholder approval for the appointment of Ms. Sandhya Venugopal Sharma as a Non-Executive and Non-Independent Director, liable to retire by rotation.
A notice under Section 160(1) of the Companies Act, 2013 has been received from a Member proposing her candidature. She has confirmed that she is not debarred from holding the office of director by virtue of any SEBI Order or any such Authority.
Remuneration Details:
Ms. Sandhya Venugopal Sharma will not be entitled to any remuneration other than sitting fees and Board approved commission, which will be paid to TIDCO. No remuneration has been drawn from the date of appointment till the date of this Postal Ballot.
Voting Process:
The Company has engaged NSDL to provide remote e-voting facilities. Members whose names appear in the Register of Members/List of Beneficial Owners as on the cut-off date (February 13, 2026) are eligible to vote. The Company has appointed M/s. V. Sreedharan & Associates, Practicing Company Secretaries, as the Scrutinizer for conducting the postal ballot process in a fair and transparent manner.
Board Recommendation:
The Board of Directors has recommended the passing of the proposed Ordinary Resolution. None of the Directors or Key Managerial Personnel of the Company, other than Ms. Sandhya Venugopal Sharma to whom the resolution relates, is concerned or interested in the resolution.
Disclosure to Stock Exchanges:
The information has been submitted to BSE Limited (Scrip Code: 500114) and the National Stock Exchange of India Limited (Symbol: TITAN) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.