DPSCLTDNSEDPSC Limited· PowerMediumNeutral
Announced Thu, 26 Mar · 18:15 IST

DPSC Limited has informed the Exchange regarding Proceedings of Postal Ballot

Board & Shareholder Meetings View source PDF

DPSCLTD · 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
-11.3%1-day move
₹8.00
prior close
₹8.19
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.8-4.3-4.5-5.5-11.3-4.6-2.5+0.8+9.9+14.4+23.1+26.1+6.3-8.1
Up moveDown movePending
AI summary

India Power Corporation Limited (formerly DPSC Limited) has disclosed the proceedings of a Postal Ballot conducted to seek shareholder approval for the appointment of Mr. Naveen Prakash (DIN: 00059549) as an Independent Director for a term of 5 years commencing from 1st January, 2026. The e-voting period ran from 25th February, 2026 (9:00 a.m.) to 26th March, 2026 (5:00 p.m.), with NSDL providing the remote e-voting facility. The cut-off date for shareholder eligibility was 20th February, 2026, and Mr. Mohan Ram Goenka of MR & Associates was appointed as the Scrutinizer. The Postal Ballot is deemed to have been passed on 26th March, 2026, being the last date of remote e-voting, and the results will be declared on or before 28th March, 2026.

Likely market impact

This is a routine governance-related disclosure confirming that shareholders have voted on the appointment of a new Independent Director. It is a procedural update and unlikely to have a material impact on the stock price, though it reflects board renewal activity at the company.