FOSECOINDBSEFoseco India LtdMediumNeutral
Announced Mon, 11 May · 20:01 IST

E-Voting Results under Reg 44 of SEBI LODR attached

Management Changes View source PDF

FOSECOIND · 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
+7.5%1-day move
₹5052.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+7.5-0.7+0.1-2.6-3.3+2.0-2.2-2.1+2.7
Up moveDown movePending
AI summary

Foseco India Limited conducted a postal ballot through remote e-voting for the appointment of Mr. Henry James Knowles as a Non-Executive Director. The resolution was passed as an Ordinary Resolution with overwhelming shareholder approval. Out of 5,608,624 valid votes cast, 5,608,318 votes (99.99%) were in favor and only 306 votes (0.01%) were against. The promoter group voted 100% in favor, while public shareholders also showed strong support with 99.96% approval from non-institutional public shareholders. The e-voting period ran from April 11, 2026 to May 10, 2026, with the resolution deemed passed on May 10, 2026.

Likely market impact

The appointment of Mr. Henry James Knowles as Non-Executive Director has been approved with near-unanimous shareholder support, indicating confidence in the board addition. This is a routine governance matter with no immediate material impact on the stock.