Exicom Tele-Systems Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
EXICOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Exicom Tele-Systems Limited conducted a postal ballot via remote e-voting from March 6 to April 4, 2026, to seek shareholder approval for remuneration of two top executives. Resolution 1, approving remuneration for Mr. Anant Nahata (MD & CEO) for the remaining term from April 1, 2026 to July 6, 2028, was passed with 99.81% votes in favour (57.21 lakh votes cast, with 178 members supporting and 53 dissenting). Resolution 2, approving remuneration for Mr. Vivekanand Kumar (Whole-time Director) for the period from August 21, 2026 to August 20, 2028, was passed with 99.99% votes in favour (9.82 crore votes cast, with 186 members supporting and 51 dissenting). Both resolutions qualify as Special Resolutions under the Companies Act, 2013, and the company relied on Section 110 for the postal ballot process. The scrutinizer, MZ & Associates, confirmed the validity of the e-voting process and results.
Shareholders have overwhelmingly approved the remuneration packages for both top executives, ensuring continuity of leadership with no material risk to the company's governance. The very high approval margins indicate strong institutional and public shareholder support for the company's compensation structure.