Postal Ballot Results: Both Director Appointments Approved With Over 99 Percent

Board & Shareholder Meetings View source PDF Explain this filing

BERGEPAINT · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹464.05

prior close

₹465.90

announcement price

After-mkt

timing

Nifty Midcap 150market-2.4%+2.9% vs market

Paints peers, median of 8sector-2.4%+2.9% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Midcap 150 and 2.9 pts more than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.2

15m

+0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-2.4+2.9-2.4+2.9

Next day

+1.4-1.1+2.5-1.2+2.6

+0.9-1.0+1.8-1.5+2.4

+2.5-0.0+2.6-0.8+3.3

+2.6-0.1+2.7+0.7+1.9

+1.4-0.4+1.8-0.3+1.7

+1.3-1.6+2.8-2.0+3.3

15d

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UpDownMarket · Nifty Midcap 150Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Berger Paints disclosed postal ballot results for two special resolutions, both passed with over 99.7 percent approval. Resolution 1 appoints Mr Navjeet Singh Sobti as Independent Director for 5 years from 1 September 2026. Resolution 2 appoints Mr Amardeep Jain as Whole-time Director for 5 years from 1 September 2026. Voting covered 84.07 percent of total outstanding shares. Promoters and public institutions voted nearly unanimously in favour of both resolutions.

Likely market impact

Both director appointments are now confirmed, strengthening the board. Very high approval shows strong shareholder confidence in governance decisions.