DLINKINDIABSED-Link (India) LtdMediumNeutral
Announced Mon, 16 Jun · 12:34 IST

Postal Ballot Outcome and Scrutinizers Report

Management Changes View source PDF

DLINKINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

D-Link (India) Ltd announced the results of its postal ballot concluded on June 14, 2025, where shareholders approved two resolutions with overwhelming majority. Resolution 1 (Ordinary) approved the appointment of Mr. Chin Ho Kuo (DIN: 11004341) as a Non-Executive Director with 99.97% votes in favour (2,06,53,349 shares for vs 5,403 against). Resolution 2 (Special) approved the appointment of Mr. Yen Wen Chen (DIN: 11001627) as an Independent Director with 99.98% votes in favour (2,06,55,379 shares for vs 3,373 against). Total votes polled were 2,06,58,752 out of 3,55,04,850 outstanding shares (58.19% participation). The e-voting was conducted between May 16 and June 14, 2025, with Mr. Shivaram Bhat serving as the Scrutinizer.

Likely market impact

Both appointments strengthen the board with a new non-executive director and an independent director. The near-unanimous approval (over 99.97%) reflects strong shareholder confidence, with minimal dissent from any category of investors.