Postal Ballot Results: Both Director Re-designation Resolutions Passed

Board & Shareholder Meetings View source PDF

ARMANFIN · 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

-2.3%1-day move

₹1622.00

prior close

₹1585.00

base price

After-mkt

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AI summary

Arman Financial Services conducted a postal ballot (March 12 – April 10, 2026) on two special resolutions. Both passed with 99.59% votes in favour. Resolution 1 re-designates Mr. Jayendrabhai Patel as Whole-time Director; Resolution 2 re-designates Mr. Aalok Patel as Vice Chairman & MD, each for 5 years. Promoter group voted 100% in favour; institutional investors showed 96.75% support. Total 38.68% of outstanding shares participated in e-voting.

Likely market impact

Leadership transition confirmed with strong shareholder support. Reflects smooth succession planning within the promoter family; minimal operational impact expected.