EPIGRALNSEEpigral LimitedMediumNeutral
Announced Wed, 20 May · 19:44 IST

Epigral Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.

Director Flagged GovernanceManagement Changes View source PDF

EPIGRAL · 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
+0.5%1-day move
₹1239.00
prior close
₹1252.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.6+0.0+0.6+0.5+0.2+0.9-2.3-6.4-8.6-9.5-8.3-6.2
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AI summary

Epigral Limited has announced the results of a postal ballot conducted through remote e-voting for re-appointment of three Non-Executive Independent Directors for second terms of 5 years each effective May 20, 2026. All three special resolutions were passed with requisite majority. Mr. Sanjay Asher received 95.35% votes in favor, Mr. Kanubhai Patel received 99.98% in favor, and Mr. Raju Swamy received 96.09% in favor. Notably, for Raju Swamy's re-appointment, Public Institutional Investors voted significantly against (46.57% against) despite promoters voting 100% in favor. Total voter turnout was 66.59% of outstanding shares.

Likely market impact

The re-appointments provide board continuity and stability. However, the significant institutional dissent on Raju Swamy's appointment (46.57% against from public institutions) may indicate underlying governance concerns that investors should monitor.