Announced Tue, 12 May · 18:26 IST

Postal Ballot - Scrutinizer''s Report

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ 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
-9.6%1-day move
₹58.71
prior close
₹55.82
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.6-14.2-9.9-8.0-4.1+5.7-2.1-5.3-19.9
Up moveDown movePending
AI summary

Corporate Merchant Bankers Limited conducted a postal ballot to appoint two key auditors. Shareholders approved: (1) appointment of a Statutory Auditor, and (2) appointment of M/s. Dhruvi Patel & Associates as Secretarial Auditor for FY 2025-26. Both were passed as Ordinary Resolutions. The e-voting period ran from April 11, 2026 to May 10, 2026, with a cut-off date of April 3, 2026. For Resolution 1 (Statutory Auditor), 267,852 votes were cast entirely in favour (100%), with zero votes against and zero invalid votes — indicating unanimous shareholder support. The scrutinizer's report was finalized on May 12, 2026.

Likely market impact

Routine corporate governance event with no material impact on the stock. Unanimous approval signals stable shareholder confidence. No change in auditor identity is disclosed, so no disruption expected.