Balu Forge postal ballot results: Both director re-appointments approved

Board & Shareholder Meetings View source PDF

BALUFORGE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Balu Forge disclosed postal ballot results on June 29, 2026. Both special resolutions passed. Re-appointment of Mr. Radhey Shyam Soni as Independent Director for two years got 99.92 percent in favor (6.34 crore shares). Re-appointment of Mrs. Shalu Laxmanraj Bhandari as Independent Director for two years got 99.96 percent in favor (6.35 crore shares). Promoters voted fully in favor of both. About 55 percent of outstanding shares participated among 80,556 shareholders on record date.

Likely market impact

Routine governance. Both independent directors re-appointed for two years with strong shareholder support. No material stock price impact expected.