E2E Networks Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
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E2E Networks Limited has announced the completion of a postal ballot process for appointing Mr. Karthik Reddy Bezawada (DIN: 02214476) as an Independent Director. The special resolution was passed with overwhelming shareholder approval - 1,24,21,472 votes in favor (93.81%) versus 8,19,987 votes against (6.19%). The voting participation was 64.42% of total voting capital (1,32,41,459 shares out of 2,05,54,989 eligible shares). The scrutinizer, Mr. Ankush Agarwal from M/s MAKS & Co., confirmed the resolution was carried with the requisite majority through the e-voting process conducted between March 26 and April 24, 2026.
The appointment of a new independent director with strong shareholder backing (93.8% approval) is a positive governance development. This strengthens the board's independent oversight capability, which could boost investor confidence in the company's management and strategic direction.