FIEMINDNSEFiem Industries Limited· Auto AncillariesMediumNeutral
Announced Fri, 27 Mar · 19:11 IST

Fiem Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

FIEMIND · 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
₹1970.00
prior close
₹1967.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-1.5-0.9-0.6+0.5+1.2+2.3+3.1+9.6+12.6+13.4+10.5+12.9+15.0
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AI summary

Fiem Industries conducted a postal ballot to seek shareholder approval for the re-appointment and remuneration of Mr. Vineet Sahni (DIN: 03616096) as Chief Executive Officer and Whole-time Director of the company. The e-voting period ran from February 26, 2026 to March 27, 2026. Out of 1,85,15,977 valid votes cast by 296 shareholders, an overwhelming 99.85% (1,84,88,684 votes) were in favour of the resolution, with only 0.15% (27,293 votes) against it. The scrutinizer, CS Ranjana Gupta of Ranjana Gupta & Associates, confirmed the resolution was passed with the requisite majority.

Likely market impact

This is a routine governance approval confirming continuity of leadership at Fiem Industries. With near-unanimous shareholder support (99.85% in favour), the re-appointment of the existing CEO poses no governance concerns and is unlikely to have any material impact on the stock price.