Dixon Technologies (India) Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
DIXON · price
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Dixon Technologies has announced the results of its postal ballot conducted via remote e-voting between June 4, 2025 and July 3, 2025. Shareholders approved the appointment of Mr. Manoj Maheshwari (DIN: 02581704) as a Non-Executive and Non-Independent Director of the company by way of an Ordinary Resolution. Of the total 6.04 crore shares, 4.93 crore (81.56%) were polled, with 92.58% voting in favour and 7.42% voting against. The promoter group voted 100% in favour, public institutions voted 84.02% in favour, and public non-institutions voted 99.99% in favour. The scrutinizer's report was issued by Ms. Shirin Bhatt of Shirin Bhatt & Associates.
The resolution was passed with strong shareholder support, indicating broad confidence in the board appointment. This is a routine corporate governance action with no material financial impact, though the nearly 16% dissent from public institutional investors is worth noting.