Announced Mon, 6 Jul · 16:06 IST
Postal Ballot Results - New Statutory Auditor Approved
Board & Shareholder Meetings View source PDF
GEEKAYWIRE · price
▲ 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
-2.6%1-day move
₹24.55
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.6-1.0+3.2+0.8-0.7-3.4-4.3———
Up moveDown movePending
AI summary
Geekay Wires shareholders approved appointing M/s. L B Reddy and Co. as new Statutory Auditors via postal ballot, replacing M/s. M.M. Palod and Co. who resigned. Out of 104,520,000 total shares, 78,070,249 (74.69%) were voted, with 99.90% in favour. Promoters voted 100% in favour. Only 105 members cast votes out of 32,498 shareholders.
Likely market impact
Routine governance update completed with overwhelming shareholder support. New auditor fills casual vacancy, minimal direct stock price impact expected.