Postal ballot results: director appointed, related party loan terms modified
FINKURVE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Finkurve Financial Services informed exchanges about postal ballot results. Two ordinary resolutions passed with near-unanimous support. Resolution 1 appointed Mr. Rajendran Chinna Veerappan (DIN: 00460061) as Non-Executive, Non-Independent Director, receiving 79,165,545 votes in favor at 99.99%. Resolution 2 approved modification of material related party transactions concerning acceptance of loans from related parties. Scrutinizer Mayank Arora and Co. confirmed both resolutions passed with requisite majority.
Routine governance filing. A new non-independent director is onboarded and related party loan framework is updated. Both passed comfortably, minimal market impact expected.