Damodar Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
DAMODARIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Damodar Industries Limited has submitted the Scrutinizer's Report for a postal ballot that concluded on March 31, 2026. The postal ballot covered three special resolutions, all of which were passed with the requisite majority. These included: (1) revision of remuneration of Mr. Aman Arun Biyani, Managing Director; (2) revision of remuneration of Mr. Aditya A Biyani, Director; and (3) re-appointment of Mr. Arunkumar Biyani as Chairman and Whole-time Director for a further 3-year term, despite him having crossed 70 years of age. All three resolutions received about 95.48% votes in favour and 4.52% against, based on e-voting conducted between March 2 and March 31, 2026, with 8,299 shareholders on the record date (cut-off: February 20, 2026). The scrutinizer was Vishal N. Manseta, Practicing Company Secretary.
Shareholders have approved higher pay for the Managing Director and a Director, and re-appointed the 70-plus Chairman for another 3 years with revised remuneration. Strong 'for' vote (over 95%) signals promoter/management confidence, with limited public dissent. No material change to business or share price expected from this routine governance filing.