Pursuant to Regulation 44(3) of the SEBI Listing Regulations, 2015, we herewith attach the details of voting results of the Postal Ballot Notice dated February 11, 2025, along with Scrutinizers ....
BAYERCROP · price
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Bayer CropScience has disclosed the results of a postal ballot (e-voting) concluded on April 2, 2025, covering three ordinary resolutions. All three were passed with overwhelming shareholder approval. Mr. Vinit Rajesh Jindal (DIN: 10849465) was appointed as Director (96.96% in favour) and as Whole-time Director designated as Executive Director and Chief Financial Officer (97.06% in favour). Ms. Jana Marlen Ackermann (DIN: 10849470) was appointed as Non-Executive & Non-Independent Director with 99.66% support. Out of 56,360 eligible members, around 470 members participated through remote e-voting, and the promoter group (holding ~3.21 crore shares) voted 100% in favour of all resolutions. The scrutinizer's report from BNP & Associates confirmed that each resolution was passed with the requisite majority.
Shareholders have greenlit the induction of a new CFO (Mr. Jindal) and a new Bayer-group nominee director (Ms. Ackermann), which is a routine governance update with no material financial impact. The near-unanimous approval reflects strong confidence from both promoters and institutional investors, and is likely to be neutral to mildly positive for stock sentiment.