Submission of Postal Ballot Voting Result along with Scrutinizer''s Report
GANESHCP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ganesh Consumer Products Limited has announced the results of its postal ballot voting conducted through remote e-voting. Two resolutions were passed with overwhelming shareholder approval. First, Mr. Rajiv Nitin Mehta was appointed as an Independent Director for a 5-year term (March 2026 to March 2031) with 99.99% votes in favour. Second, Mr. Devansh Mimani was appointed as a Non-Executive (Non-Independent) Director, with 99.99% votes in favour. Total voter participation was 65.71% of outstanding shares out of 48,841 registered shareholders. Both resolutions were approved effective 24th April 2026.
The appointment of an Independent Director strengthens board governance. The Non-Executive Director appointment adds to board composition, though note that promoters declared interest in this resolution which shareholders approved nonetheless. No immediate material impact on stock price expected from these routine appointments.