CHEMPLASTSNSEChemplast Sanmar LimitedLowNeutral
Announced Mon, 23 Mar · 18:24 IST

Chemplast Sanmar Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

CHEMPLASTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.1%1-day move
₹257.00
prior close
₹265.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-1.2-0.9-3.0+5.1+1.9+2.6+1.3-0.5-2.7-11.7-8.4-4.3-19.1
Up moveDown movePending
AI summary

Chemplast Sanmar Limited has submitted the voting results of a postal ballot conducted via electronic voting from February 21, 2026 to March 22, 2026, along with the Scrutinizer's Report from B Ravi & Associates. Out of 14,67,15,778 valid votes, shareholders approved all 7 resolutions: 6 special resolutions and 1 ordinary resolution. Key approvals include the re-appointment of Mr Ramkumar Shankar as Managing Director for 2 months from February 1, 2026 (94.90% in favour) and the appointment of Mr S Ganeshkumar as Director (99.98% in favour) and as Managing Director for 3 years from April 1, 2026 (94.90% in favour). Additionally, four Independent Directors — Mr Aditya Jain, Mr Sanjay Vijay Bhandarkar, Dr (Mrs) Lakshmi Vijayakumar, and Mr Prasad Raghava Menon — were re-appointed for a second term of 5 years each from April 26, 2026, all receiving over 99.9% support.

Likely market impact

All board appointments and re-appointments have been cleared by shareholders with overwhelming support, giving Chemplast Sanmar stability in its leadership team. The strong approval margin (mostly above 99%) suggests solid shareholder confidence and is unlikely to trigger any negative stock reaction.