Bharat Forge Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
BHARATFORG · price
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Bharat Forge Limited submitted the voting results of its postal ballot conducted via remote e-voting from May 20, 2025 to June 19, 2025. Two special resolutions were put to vote: the re-appointment of Mr. K.B.S. Anand and Ms. Sonia Singh as Independent Directors. Both resolutions were approved with overwhelming majority by shareholders. For Mr. K.B.S. Anand's re-appointment, 98.50% of valid votes (40.28 crore shares) were cast in favour, with only 1.50% against. For Ms. Sonia Singh's re-appointment, 99.63% of valid votes (40.74 crore shares) were in favour, with just 0.37% against. Promoter group voted 100% in favour for both, while public institutions showed 99.25% support and public non-institutions 95.38% support. About 85.53% of total outstanding shares participated in the voting, indicating strong shareholder engagement.
Both independent director re-appointments have been smoothly approved with near-unanimous shareholder support, reflecting strong governance credibility. The high voting turnout (~85.5%) signals active institutional and retail participation, which is positive for corporate governance perception with no material impact on stock price expected.