Garware Hi-Tech Films Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot along with voting results.
GRWRHITECH · price
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Garware Hi-Tech Films has submitted the voting results of a Postal Ballot held between February 23 and March 24, 2026. The single special resolution sought shareholder approval for the appointment of Mr. Uday Vasantrao Joshi (DIN: 09753984) as a Whole Time Director, along with minimum remuneration payable in case of inadequate profits. Out of 55,934 eligible shareholders, 245 participated, with total valid votes polled at 16,243,685 (69.92% of outstanding shares). The resolution was passed overwhelmingly, with 16,220,830 votes (99.86%) in favour and only 22,855 votes (0.14%) against. Promoter group voted 100% in favour, and both institutional and non-institutional public shareholders supported it with over 98% approval.
The near-unanimous approval reflects strong shareholder confidence in the management appointment. This is a routine corporate governance outcome and is unlikely to cause any material movement in the stock price.