AIAENGBSEAIA Engineering LtdMediumNeutral
Announced Fri, 29 May · 17:32 IST

We submit herewith Scrutinizer''s Report of Tushar Vora & Associates on the Result of the Postal Ballot.

Board & Shareholder Meetings View source PDF

AIAENG · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹4500.00
prior close
₹4525.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0+0.4+0.0+1.2+0.4+2.4+2.9+1.0-1.2+7.9+10.6
Up moveDown movePending
AI summary

AIA Engineering Limited conducted a postal ballot (remote e-voting) from 29 April to 28 May 2026 to appoint Mr. Malay Jayendra Dalal (DIN: 01896746) as an Independent Director for five years. The resolution was passed as a Special Resolution with overwhelming shareholder approval. Out of 88,514,816 valid votes cast, 88,514,483 (99.9996%) voted in favour and only 333 votes (0.0004%) against. Promoter and promoter group votes recorded 100% in favour. Public institutional shareholders also strongly supported the resolution with 93.34% voter turnout and 100% in favour within those votes. The scrutinizer, Tushar Vora & Associates, confirmed the process was fair and transparent.

Likely market impact

The near-unanimous approval signals strong shareholder confidence in the appointment. This is a routine corporate governance action with no material impact on the stock in the short term, but reinforces board independence.