DENORANSEDe Nora India Limited· Electrical EquipmentMediumNeutral
Announced Sat, 2 May · 11:28 IST

De Nora India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

DENORA · 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
-12.2%1-day move
₹859.95
prior close
₹842.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.5+1.1+1.0+1.3-12.2-12.1-11.8-12.1-15.0-16.2-17.3-16.4+4.6
Up moveDown movePending
AI summary

De Nora India Limited has announced the results of a postal ballot conducted through remote e-voting. Shareholders approved an Ordinary Resolution for the approval of Material Related Party Transactions with Industrie De Nora S.p.A., Italy (IDN), the parent company. The resolution was passed with overwhelming majority, with 49,000 votes (99.99%) in favour and only 6 votes (0.01%) against out of 49,006 total votes cast. The voting took place from March 25, 2026 to April 30, 2026, with 14,648 shareholders on record. The scrutinizer, CS Rakhee Raghunath Malkarnekar, confirmed the validity of the voting process.

Likely market impact

The approval of this material related party transaction with the parent company clears the way for De Nora India to engage in significant transactions with Industrie De Nora S.p.A. This is a routine governance approval that was expected given the company's connection to the Italian parent entity.