Postal ballot approves Mahtabuzzaman as Nominee Director

Board & Shareholder Meetings View source PDF

EXCELINDUS · 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

₹895.95

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₹902.00

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AI summary

Excel Industries shareholders approved the appointment of Mr. Mahtabuzzaman as Nominee Director through postal ballot by remote e-voting. Of 6,295,388 valid votes, 6,295,204 (about 100%) voted in favour and only 184 against. Voting was held from 15 June to 14 July 2026, with 50.08% polling on outstanding shares. The company confirmed he is not barred from holding office by any SEBI order.

Likely market impact

Director appointment confirmed by shareholders with near-unanimous approval, signalling smooth board continuity.