Alicon Castalloy postal ballot approves Ishaan Rai as Non-Executive Director

Board & Shareholder Meetings View source PDF

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

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AI summary

Alicon Castalloy conducted a postal ballot on June 22, 2026, seeking shareholder approval to appoint Mr. Ishaan Rai (DIN: 06802018) as Non-Executive Non-Independent Director, effective May 12, 2026. Total votes polled were about 1.06 crore out of 1.64 crore shares (64.58% turnout). The ordinary resolution passed with 99.99% in favour and only 0.006% against. Promoters and promoter group voted 100% in favour, public institutions 100% in favour, and public non-institutions 95.85% in favour.

Likely market impact

Routine governance update. New director confirmed on board with overwhelming shareholder support; minimal expected impact on stock price.