The Company hereby sumbits the results of Postal Ballot exercise conducted by the Company through remote e-voting from 12.02.2026 at 9.00 A.M to 13.03.2026 at 5.00 P.M
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Associated Coaters Limited conducted a postal ballot from February 12 to March 13, 2026, with all three resolutions passed with 100% votes in favor. The resolutions approve changing Ms. Navneet Kaur's designation from Non-Executive Director to Whole Time Director, changing Mr. Harbhajan Singh Thethi's designation from Whole Time Director to Non-Executive Director, and appointing Ms. Navneet Kaur as Chairperson. Out of 13,52,000 total shares, 6,28,438 valid votes were polled (46.48% voting turnout), with the promoter group casting 6,19,938 votes and public non-institutions only 8,500 votes. The scrutinizer Mr. Rahul Agarwal confirmed all votes were valid and the resolutions were passed with requisite majority.
This is a board restructuring that consolidates executive power and chairmanship in Ms. Navneet Kaur, which could signal a shift in the company's leadership direction. Shareholders should note that public participation was very low (only 2.01% of public non-institutional shares voted), meaning the 100% approval largely reflects promoter group voting, so minority shareholders had minimal say in these changes.