AXISCADESBSEAxiscades Technologies LtdMediumNeutral
Announced Fri, 29 May · 17:59 IST

Voting results of Postal Ballot through remote e-voting

Board & Shareholder Meetings View source PDF

AXISCADES · 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
-9.7%1-day move
₹1863.80
prior close
₹1770.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.7-9.6-5.2-1.4-1.8+3.3+0.8-10.5
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AI summary

Axiscades Technologies Limited has announced the results of its Postal Ballot conducted via remote e-voting. The resolution to appoint Mr. Giridhar Aramane (DIN: 00483130) as Non-Executive, Independent Director was passed with overwhelming majority. Out of 25.56 million votes polled (60.13% of total shares), 25.56 million votes (99.9977%) were in favor and only 588 votes (0.0023%) were against. Promoter and promoter group voted unanimously in favor (100% of their 24.68 million shares). Institutional investors also showed full support with 100% votes in favor. The e-voting period ran from April 29, 2026 to May 28, 2026, with scrutinizer BMP & Co. LLP certifying the results.

Likely market impact

The appointment strengthens the Board's independence with broad shareholder approval, signaling confidence in corporate governance. This is a positive development for shareholders as it ensures continued compliance with SEBI mandates on independent directors.