Voting Results and Scrutinizer''s Report - Postal Ballot
DISAQ · price
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DISA India Limited has announced the results of a postal ballot conducted for the appointment of Mr. Muralidharan Angadu Mohanakrishnan (DIN: 03279284) as a Non-Executive Independent Director. The special resolution was passed with overwhelming shareholder approval. Out of 12,09,471 valid votes cast, 12,09,470 votes (99.99%) were in favor and only 1 vote (0.01%) was against. The e-voting period ran from March 13, 2026 to April 11, 2026. The scrutinizer, CS Nagendra D. Rao, confirmed the resolution passed as the votes in favor exceeded 3 times the votes against, meeting the requirement for a special resolution under the Companies Act, 2013.
The appointment of a new independent director with near-unanimous shareholder support indicates strong governance and investor confidence. This is a routine corporate governance matter that should have a neutral to mildly positive impact on the stock, strengthening the board's independence.