BEEKAYBSEBeekay Steel Industries LtdMediumNeutral
Announced Mon, 5 Jan · 20:50 IST

Outcome of Postal Ballot

Management Changes View source PDF

BEEKAY · 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

Awaiting price reaction for this filing.

AI summary

Beekay Steel Industries conducted a postal ballot (e-voting) from December 6, 2025 to January 5, 2026, and shareholders approved two special resolutions. The first resolution appointed Mr. Lokanath Sahu (DIN: 11376365) as a Wholetime Director (Operation) for 5 years effective November 12, 2025. The second resolution appointed Mr. Binod Kumar Tulsyan (DIN: 09025810) as an Independent Director for 5 years effective November 12, 2025. Of the 7,926 shareholders on record date (November 28, 2025), 38 members participated in e-voting representing 1,11,12,272 shares (58.26% of total outstanding shares). Both resolutions passed with 100% of votes polled in favour, with promoter group voting 1,11,11,370 shares unanimously in support.

Likely market impact

The board now has a new Wholetime Director overseeing operations and a new Independent Director, strengthening governance. Both appointments received near-unanimous shareholder support, suggesting no controversy around these additions.