Voting Results of the Postal Ballot Notice of Aditya Birla Fashion and Retail Limited dated April 15, 2025
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Aditya Birla Fashion and Retail Ltd announced the voting results of its Postal Ballot Notice dated April 15, 2025. The single resolution was the re-appointment of Mr. Nish Bhutani (DIN: 03035271) as an Independent Director, passed as a Special Resolution. Voting was open from April 17, 2025 to May 16, 2025, with 3,28,903 shareholders on record. Out of 78.39 crore votes polled (64.47% of outstanding shares), 98.19% voted in favour and only 1.81% voted against. Promoter group voted 100% in favour, while Public Institutions supported it at 95.47% and Public Non-Institutions at 94.13%. The resolution was approved with the requisite majority, as confirmed by the scrutinizer's report from M/s. Dilip Bharadiya & Associates.
This is a routine governance update with no material impact on the stock or shareholders. The overwhelming approval (98.19% in favour) reflects strong shareholder confidence in the re-appointed Independent Director, ensuring board continuity at ABFRL.