Announced Mon, 13 Jul · 20:12 IST
Postal ballot results: two resolutions passed with over 99.97 percent approval
Management Changes View source PDF
Price
▲ 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
-1.4%1-day move
₹255.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Postal ballot results declared on July 13, 2026 for notice dated May 28, 2026. Two resolutions passed: (1) Appointment of Mr. Rajesh Jacob as Nominee Director passed with 99.99 percent votes in favor (24,68,734 votes for, 156 against). (2) Continuation of Mr. Mundanical Mathew Cherian as Non-Executive Non-Independent Director after attaining age 75 passed with 99.97 percent in favor (14,18,492 for, 398 against). Voting period: June 11 to July 10, 2026.
Likely market impact
Nominee director onboarded and senior director's continuation beyond age 75 approved with strong shareholder support. Routine governance update.