Scrutinizer''s Report for Postal Ballot Meeting
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Awaiting price reaction for this filing.
Bombay Wire Ropes Limited has informed BSE that the Postal Ballot resolution to appoint Mr. Ashok Kumar Maroo (DIN: 01876965) as a Non-Executive Independent Director has been approved with the requisite majority. The remote e-voting ran from March 17, 2025 (9:00 AM) to April 15, 2025 (5:00 PM), with a cut-off date of March 14, 2025. Out of 5,339,500 outstanding shares, 3,458,528 shares (64.77%) were polled — of which 98.21% voted in favour (3,396,778 shares) and only 1.79% voted against (61,750 shares). The promoter group (holding 3,396,750 shares) voted unanimously in favour. The company had 2,841 shareholders on record and only 8 members actually cast votes.
This is a routine corporate governance filing confirming board composition — no material impact expected on the stock price. The overwhelming approval reflects shareholder consensus on independent director appointment.