3IINFOLTDNSE3i Infotech LimitedMediumNeutral
Announced Tue, 31 Mar · 13:49 IST

3i Infotech Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

3IINFOLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.5%1-day move
₹13.90
prior close
₹13.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+3.8+3.4+3.2+7.5+9.7+10.1+12.9+10.4+16.5+27.1+25.6+23.7+23.7
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AI summary

3i Infotech Limited conducted a Postal Ballot to seek shareholder approval for the re-appointment of Mr. Avtar Singh Monga (DIN: 00418477) as a Non-executive Independent Director for a second term from April 1, 2026 to March 31, 2031. Voting closed on March 27, 2026, and results were announced on March 31, 2026. Out of 2,35,67,407 votes polled (11.36% of outstanding shares), 97.74% voted in favour and 2.26% voted against the special resolution. The scrutinizer, Mr. Prakash Shenoy of SAP & Associates, confirmed the resolution was carried with the requisite majority, with no invalid votes recorded.

Likely market impact

The re-appointment of the existing independent director has been smoothly approved by shareholders, ensuring board continuity. This is a routine corporate governance filing with no material impact on the stock price or business operations.