Announced Fri, 19 Dec · 16:00 IST

Scrutinizer''s Report & Voting Results of Postal Ballot

Management Changes View source PDF

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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 Limited conducted a Postal Ballot to seek shareholder approval for the re-appointment of Mr. Adarsh Kanoria (DIN: 00027290) as Managing Director for a 3-year term from 1 January 2026 to 31 December 2028. A total of 6,346 shareholders were on record as of 14 November 2025, and voting was conducted via remote e-voting from 19 November to 18 December 2025. Out of 9,005,985 outstanding shares, 7,063,116 shares (78.43%) were polled, with 99.999% voting in favour and just 74 shares against. The promoter group voted unanimously in support (100%), and public non-institutions also backed the resolution with 99.99% approval. The scrutinizer Mrs. Swati Bajaj of Bajaj Todi & Associates confirmed the resolution was passed with the requisite majority.

Likely market impact

The resolution ensures continuity in leadership as Mr. Adarsh Kanoria continues as Managing Director for another three-year term. With near-unanimous promoter and public support, this is a routine governance outcome with no material impact expected on the stock price.