Postal Ballot: Akash Saxena re-appointed as Independent Director

Board & Shareholder Meetings View source PDF

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₹348.00

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AI summary

Apollo Finvest India shareholders approved the re-appointment of Mr. Akash Saxena as an Independent Director for a second 5-year term via postal ballot. Of about 52.79 lakh total shares, 26.39 lakh votes were polled, with 99.99 percent (26,38,555 shares) in favour and only 27 against. The Special Resolution was passed with requisite majority.

Likely market impact

Board continuity as Mr. Saxena gets another 5-year term. Near-unanimous support with only 27 votes against.