Please find enclosed voting result and scrutinizer report of postal ballot dated November 12,2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Adcounty Media India Ltd conducted a postal ballot (record date Nov 18, 2025) seeking shareholder approval to increase managerial remuneration for four directors: Mr. Aditya Jangid (Chairman & JMD), Mr. Chandan Garg (JMD), Mr. Abbhinav Rajendra Jain (Whole-Time Director & CFO), and Mr. Delphin Varghese (Whole-Time Director). All four were special resolutions in which promoters were classified as 'interested' and abstained from voting (0 votes polled on their 1.47 crore shares). Only 39,200 public non-institutional shares were polled out of 22.05 lakh total shares — a very low 0.18% turnout. Of those polled, 63.27% voted AGAINST and only 36.73% voted in favour. As a result, all four resolutions FAILED to pass.
This is a significant setback for the company and its promoter-directors. With promoters holding ~67% of shares choosing to abstain, public shareholders decisively rejected higher payouts for the top management team, raising governance concerns about executive compensation. Shareholders should expect the board to either revise the proposed remuneration or seek fresh approval, and the failed vote could weigh on the stock's near-term sentiment.