Announced Wed, 1 Jul · 09:53 IST
AksharChem: Postal Ballot Resolution Passed - WTD Appointment
Compliance View source PDF
AKSHARCHEM · price
▲ 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
-4.1%1-day move
₹243.08
prior close
₹252.81
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—-0.6-0.7-1.3-4.1-5.0-2.9-3.3-5.0-4.6-3.3———
Up moveDown movePending
AI summary
AksharChem India Limited has informed exchanges of postal ballot voting results. The special resolution to appoint Mr. Devalkumar Indrabal Suthar (DIN: 11511925) as Whole Time Director (Executive) was passed with 99.99 percent votes in favour. Of 80.33 lakh outstanding shares, 50.52 lakh votes were polled (62.89 percent). Promoters voted 100 percent in favour. E-voting ran from June 1 to June 30, 2026.
Likely market impact
Routine governance outcome. New executive director appointed with overwhelming shareholder support. Minimal stock price impact expected.