Announced Thu, 21 May · 19:49 IST

Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

Price

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▲ 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
+3.5%1-day move
₹326.25
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.5+1.5+2.4+2.1-1.0-2.4+7.6+7.3+2.1
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AI summary

Apollo Finvest India Ltd is seeking shareholder approval via postal ballot to re-appoint Mr. Akash Saxena as a Non-Executive Independent Director for a second term of 5 years, from June 30, 2026 to June 29, 2031. Mr. Saxena, currently SVP and Head of Technology at Hotstar, was first appointed as Independent Director on June 30, 2021. His re-appointment requires a Special Resolution with 75% shareholder approval. The voting period runs from May 23, 2026 to June 21, 2026, with results to be announced by June 23, 2026. Mr. Saxena has no shareholding in the company and is not related to any other Director or KMP.

Likely market impact

This is a routine governance matter. The re-appointment of an experienced independent director with technology sector expertise should maintain board stability and is unlikely to have any direct impact on the stock price.