Submission of scrutinizer report along with voting result of e-voting done by shareholder by means of postal ballot
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Choksi Laboratories Limited has announced the results of its postal ballot conducted via remote e-voting. Shareholders approved the appointment of Mr. Ritik Pavecha (DIN: 08790431) as a Non-Executive Independent Director with an overwhelming majority. Out of 1,453,636 votes cast, 1,451,635 (99.86%) were in favor while only 2,001 (0.14%) were against. The promoter group voted unanimously in favor (100% of their 1,444,392 shares). Public non-institutional shareholders showed some opposition with 21.65% voting against. The voting period ran from March 28, 2026 to April 26, 2026, with 4,070 shareholders eligible to vote as of the cut-off date of March 20, 2026. The resolution has been passed as a Special Resolution effective April 26, 2026.
The appointment of Mr. Ritik Pavecha as Independent Director strengthens the Board's governance structure. The near-unanimous approval signals shareholder confidence in the nominee, which is positive for corporate governance. The low voter turnout (20.87%) is typical for postal ballots and does not diminish the validity of the result.