Postal Ballot Results: MD Reappointment, ESOP Grant, Director Remuneration Approved

Board & Shareholder Meetings View source PDF

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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

-3.4%1-day move

₹370.00

prior close

₹374.00

base price

After-mkt

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-1.7-2.2-1.9—-3.4-5.5-6.3-9.8-11.6-13.9-4.6———

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AI summary

Postal ballot results declared on June 26, 2026. All three resolutions passed with 99.99%+ approval. (1) Special: Re-appointment of Dr. Kapil Garg as Managing Director, 30.8M votes in favour (99.9992%). (2) Special: Grant of stock options under AESL ESOP 2025 to Mr. Parikshit Datta, 99.9972% in favour. (3) Ordinary: Remuneration to Independent Directors, 99.9992% in favour. Turnout: 30.8M of 44.4M shares (69.39%).

Likely market impact

Three resolutions approved overwhelmingly. MD reappointment confirms leadership continuity; ESOP grant aligns director incentives with shareholders.