AIAENGBSEAIA Engineering LtdMediumNeutral
Announced Fri, 29 May · 17:26 IST

We submit herewith the Result of Postal Ballot under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Board & Shareholder Meetings View source PDF

AIAENG · price

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▲ 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 for appointment of Mr. Malay Jayendra Dalal as an Independent Director for 5 years (effective April 20, 2026). Out of 93.12 million eligible shares, 88.51 million valid votes were cast (94.85% turnout). The resolution passed with overwhelming support - 88.51 million votes in favor (99.9996%) and only 333 votes against. The e-voting period ran from April 29 to May 28, 2026, conducted through CDSL, and scrutinised by Tushar Vora & Associates. The appointment was approved as a Special Resolution under the Companies Act, 2013.

Likely market impact

Nearly unanimous shareholder approval (99.9996%) strengthens board governance credentials. The addition of an independent director enhances board independence and oversight. The near-unanimous voting outcome signals strong shareholder confidence in the appointment.