DAMODARINDNSEDamodar Industries LimitedLowNeutral
Announced Fri, 24 Apr · 17:51 IST

Damodar Industries Limited has informed the Exchange about Shareholders meeting

Board & Shareholder Meetings View source PDF

DAMODARIND · 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 14 horizons · vs prior close
+8.8%1-day move
₹28.40
prior close
₹28.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-4.1-3.9+1.4+8.8+15.1+13.0+14.4+13.7+11.1+0.7+11.3+7.4-1.4
Up moveDown movePending
AI summary

Damodar Industries Limited has submitted the scrutinizer's report and voting results for a postal ballot process that concluded on April 23, 2026. The single agenda item was the appointment of Mr. Suresh Narayan Nayak (DIN: 11588687) as a Non-Executive Independent Director. The resolution was passed as a Special Resolution with overwhelming shareholder approval. Out of the votes cast, 98,89,616 shares (99.97%) voted in favour while only 2,725 shares (0.03%) voted against. The e-voting was conducted through MUFG Intime India Private Limited platform between March 25 and April 23, 2026. The scrutinizer was Vishal N. Manseta, a Practicing Company Secretary.

Likely market impact

The near-unanimous approval indicates strong shareholder confidence in the appointment. This adds an experienced independent director to the board, which is positive for corporate governance. The stock is unlikely to see any negative reaction from this routine governance event.