Postal Ballot outcome and Scrutinizer report of Evoting result for the postal ballot notice dated 14.02.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Akar Auto Industries Ltd has announced the results of a postal ballot conducted between March 2-31, 2026 for appointing Mrs. Shobha Prasad (DIN: 11012990) as an Independent Director. The special resolution was passed with overwhelming shareholder approval - 3,745,073 votes in favor (99.99%) versus only 72 votes against out of 3,745,145 total votes polled. The voting turnout was 34.72% of total outstanding shares (10,788,010 shares on record). Promoter and Promoter Group votes accounted for the entire favorable vote count, while Public Non-Institutions contributed only 7,649 votes (0.26% of their holding). The scrutinizer, Nitin S. Sharma & Associates, confirmed the resolution was passed with requisite majority on April 1, 2026.
The appointment of Mrs. Shobha Prasad as Independent Director strengthens the board's independence and complies with regulatory requirements. The unanimous (effectively) shareholder approval indicates strong management backing with minimal opposition from minority shareholders.