Akme Fintrade (India) Limited has informed the Exchange regarding Proceedings of Postal Ballot
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Akme Fintrade (India) Limited has announced the results of a postal ballot conducted via remote e-voting between January 24 and February 22, 2026. The single resolution on the ballot was to approve the appointment of Mr. Jinit Sureshkumar Jain (DIN: 10628200) as Executive Director for a 3-year term effective December 13, 2025. Shareholders overwhelmingly approved the resolution with 15,98,93,077 votes cast in favour and only 3,903 votes against, out of a total of 1,59,896,980 votes polled. The scrutinizer CS Ronak Jhuthawat reviewed the e-voting process and submitted his report on February 23, 2026.
The near-unanimous shareholder approval formalises Mr. Jain's appointment as Executive Director, providing continuity at the top management level. Such overwhelming support typically signals strong shareholder confidence and is unlikely to have any negative effect on the stock price.