Voting results of Postal Ballot through remote e-voting
AXISCADES · price
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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.
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.