Postal Ballot Results: All 7 Resolutions Approved by Shareholders
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AccelerateBS India announced postal ballot results from e-voting held between May 30 and June 28, 2026. All seven special resolutions were passed with requisite majority. Four resolutions approved revised remuneration for directors (CMD Kunal Shah, WTD Keyur Shah, ED and CFO Ami Shah, ED Ishani Shah) with 99.80 to 99.90 percent votes in favour. Three resolutions authorised the board to borrow funds, sell or dispose undertaking, and make loans, guarantees or investments beyond prescribed limits, with 99.61 to 99.90 percent in favour. Of 315 total shareholders, only 12 to 13 participated in voting.
Director pay hikes approved. Board now has wider authority to borrow, invest, and sell assets. Low public participation but strong promoter support.