The Company hereby submits the Scrutinizer Report submitted by FCS Rahul Agarwal of the Postal Ballot exercise conducted by the Company through remote e-voting from 12.02.2026 at 9.00 A.M ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Associated Coaters Ltd has announced the results of a postal ballot conducted from 12 February to 13 March 2026, with all three resolutions passed by 100% of votes polled. The resolutions approved: (1) redesignation of Ms. Navneet Kaur (DIN: 07980468) from Non-Executive Director to Whole Time Director, (2) redesignation of Mr. Harbhajan Singh Thethi (DIN: 10416459) from Whole Time Director to Non-Executive Director, and (3) appointment of Ms. Navneet Kaur as Chairperson of the Company. Out of 13,52,000 total shares, 6,28,438 votes (46.48%) were polled, with the promoter group contributing 6,19,938 votes (66.66% of their holding) and public non-institutional holders casting 8,500 votes. Scrutinizer Mr. Rahul Agarwal (FCS) confirmed all three ordinary resolutions were passed with requisite majority.
The board has been restructured with Ms. Navneet Kaur consolidating power as both Whole Time Director and Chairperson, while Mr. Thethi steps back to a non-executive role. This signals a leadership consolidation at the top, though the unanimous voting reflects a closely-held company with limited public participation, so limited stock price impact is expected.