Outcome of Postal Ballot, Disclosure of Voting Results of Postal ballot through Remote E-voting and Scrutinizer''s Report
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Bharat Global Developers Ltd (BSE: 521238) conducted a postal ballot via remote e-voting from 24 July 2025 to 22 August 2025 to seek shareholder approval on two resolutions. Both resolutions were approved with overwhelming majority (99.95% in favour). Resolution 1 regularised Mrs. Niyati Vaishnav Ambani (DIN: 07365260) as a Non-Executive Independent Director, with 4,52,61,611 votes in favour out of 4,52,83,782 shares voted by 212 members. Resolution 2 regularised Mr. Tahir Mustufa Masalawala (DIN: 08681775) as Executive Director, with 4,52,60,980 votes in favour out of 4,52,83,744 shares voted by 213 members. The scrutinizer, CS Himanshu K. Togadiya, confirmed the e-voting process was fair and transparent, and the resolutions were deemed passed on 22 August 2025.
Both director regularisations have been formally completed with strong shareholder backing, strengthening the board composition. The near-unanimous approval (99.95%) signals solid shareholder confidence and removes any governance overhang related to these appointments.