Announced Sat, 27 Jun · 17:39 IST
Postal Ballot Results: Two Director Appointments Approved
Management Changes View source PDF
GENCON · 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
+2.3%1-day move
₹43.00
prior close
₹43.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.7-1.2+1.6+2.3-0.8+0.7+2.3+0.9-3.9-5.3———
Up moveDown movePending
AI summary
Generic Engineering Construction and Projects Limited announced postal ballot results. Members approved two special resolutions: appointment of Mr. Rajesh Kumar Yadav as Non-Executive Independent Director and Mrs. Shital Laxmikant Lokhande as Executive Whole Time Director. Both resolutions passed with 99.99 percent votes in favour (about 2.26 crore votes each). Remote e-voting ran from May 27 to June 25, 2026.
Likely market impact
Two new directors join the board; near-unanimous shareholder approval signals routine governance update.