Allcargo Logistics Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
ALLCARGO · price
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Allcargo Logistics Limited conducted a postal ballot through remote e-voting to seek shareholder approval for re-appointing Mr. Sivaraman Narayanaswami as an Independent Director for a second term of one year (May 4, 2026 to May 3, 2027). The resolution was passed with overwhelming shareholder support, with 99.93% of votes (72.01 crore shares) in favor and only 0.07% (4.69 lakh shares) against. The e-voting period concluded on May 27, 2026, and the scrutinizer certified the results as valid.
The re-appointment maintains board independence and continuity of governance. The near-unanimous approval is positive for shareholder confidence and signals stability in the company's leadership.