Voting Results of Postal Ballot by remote e-voting for re-appointment of Independent Directors along with report of Scrutinizer- filing-reg
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Adtech Systems Ltd conducted a postal ballot via remote e-voting (ended March 27, 2026) to seek shareholder approval for the re-appointment of three Non-Executive Independent Directors — Harikrishnan Rajabhushanan Nair, Dr M Ayyappan, and Suresh T Viswanathan — each for a second 5-year term from March 31, 2026 to March 30, 2031. All three special resolutions were passed with the requisite majority. Out of 11,913,750 total shares, 5,541,900 (46.52%) were polled, with 5,541,550 votes (99.99%) in favour and just 350 votes (0.01%) against. Only 22 of the 1,972 eligible shareholders participated in the voting. The scrutinizer was P Sajee Nair of Sajee & Associates, and the report was issued on March 28, 2026.
This is a routine governance action that confirms continuity on the board with the existing independent directors getting a fresh term. The near-unanimous approval signals strong shareholder confidence and is unlikely to have any material impact on the stock price.