BSEACI Infocom LtdLowNeutral
Announced Fri, 22 May · 15:23 IST

Please find enclosed the consolidated outcome of voting held through remote e-voting and e-voting for the business transacted at the Extra Ordinary General Meeting of ACI Infocom Ltd held ....

Board & Shareholder Meetings View source PDF

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

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AI summary

ACI Infocom Ltd held an Extra Ordinary General Meeting on May 20, 2026 through video conferencing. Shareholders approved two special resolutions with overwhelming majority. First, the reappointment of Mr. Sanjay Mandavia as Executive Director for 5 years with remuneration, which was passed with 20,43,776 votes in favour and only 1 vote against out of 84 voters. Second, the appointment of Mr. Navneet Kumar as Non-Executive Independent Director for a 5-year term, which also passed with the same margin of 99.99% in favour. Both resolutions were passed as Special Resolutions requiring 75% shareholder approval. The voting was conducted through NSDL e-voting platform with a combined remote e-voting and e-voting at the EGM process.

Likely market impact

The appointment of Mr. Navneet Kumar as an Independent Director strengthens the board's independence. The continuation of Mr. Sanjay Mandavia as Executive Director provides stability in leadership. Both appointments received near-unanimous shareholder support, indicating strong confidence in the current management direction.