Postal Ballot result announcement along with the Scrutinizer Report dated 12.02.2026
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Competent Automobiles conducted a postal ballot with two ordinary resolutions, both of which passed with 98.83% votes in favour. The resolutions approved the appointment of Mr. Kamal Kant Kumar (DIN: 11366068) as a Director (liable to retire by rotation) and as Whole Time Director designated as Executive Director for a period of 5 years, effective 14th November 2025. Out of 6,146,000 total shares, 3,828,783 votes (62.30%) were polled; only 44,732 votes (1.17%) were against the resolutions. Promoter group voted unanimously in favour (3,778,680 votes), while public non-institutions showed low participation with 89.28% of their polled votes dissenting.
A new executive director has formally been confirmed on the board for a five-year term, providing leadership continuity. The near-unanimous promoter support and minimal dissent suggest this was a procedural ratification with no significant shareholder opposition.