BSEBengal Tea & Fabrics LtdMediumNeutral
Announced Mon, 23 Mar · 13:06 IST

Outcome of Postal Ballot

Management Changes View source PDF

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

Bengal Tea & Fabrics Ltd announced the results of its postal ballot conducted between February 19 and March 20, 2026, for the appointment of two Independent Directors. Both Mr. Arun Jhunjhunwala (DIN: 08249715) and Mr. Amitabh Sonthalia (DIN: 00212312) were approved as Independent Directors through Special Resolutions. A total of 7,022,053 shares were polled (77.97% of outstanding shares), with 7,021,886 votes (99.998%) cast in favour and only 167 votes against for each resolution. Promoter group voted 100% in favour with 6,744,712 shares. The results were declared on March 23, 2026, after scrutiny by Mrs. Swati Bajaj of Bajaj Todi & Associates.

Likely market impact

This is a routine governance update. The overwhelming shareholder approval (nearly unanimous) for both independent director appointments strengthens the board composition. No material impact on share price is expected as these are standard regulatory filings.