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