Gallantt Ispat EGM: all 9 resolutions passed - director appointments and pay hikes approved

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close

-2.6%1-day move

₹710.40

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AI summary

Gallantt Ispat EGM on June 25, 2026 via video conference; 47 members attended. All 9 resolutions passed with 99.74%-99.99% approval. New board appointments include Mr. Dindayal Jalan (Director and Whole-time Director) and 3 Independent Directors. Pay hikes approved for Chairman/MD Mr. Chandra Prakash Agrawal, 2 Whole-time Directors, and CEO. Votes polled: 3.98 crore shares (16.49% of 24.13 crore outstanding).

Likely market impact

Routine governance updates; strong shareholder support for board changes and executive remuneration hikes. No material stock impact expected.