Allied Blenders and Distillers Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
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Allied Blenders and Distillers Limited has announced the results of its Postal Ballot (remote e-voting) that concluded on June 22, 2025. Three special resolutions were passed with the requisite majority: (1) Approval for grant of stock options to subsidiary company employees under ESOS 2024, which received 97.06% votes in favour (24.13 crore shares for, 73 lakh against); (2) Re-appointment of Mrs. Resham Chhabria J Hemdev as Whole-time Director designated Vice Chairperson, passed with 97.46% votes in favour; and (3) Re-appointment of Mr. Arun Barik as Whole-time Director designated Executive Director, passed with an overwhelming 99.99% votes in favour. Around 88.88% of outstanding shares (approximately 24.86 crore) were polled across all resolutions, out of 1,06,368 total shareholders as on the cut-off date of May 22, 2025. The scrutinizer's report was submitted by Kumudini Bhalerao of Makarand M. Joshi & Co., Practicing Company Secretaries.
All three resolutions received strong shareholder approval, confirming leadership continuity at the top and enabling the ESOS 2024 scheme for subsidiary employees. The ESOP resolution saw relatively softer backing from public institutional investors (58.62% in favour), while retail shareholders overwhelmingly supported it (~99.87%). Minimal stock price impact expected as outcomes were largely procedural and broadly anticipated.