GFLLIMITEDNSEGFL LimitedMediumNeutral
Announced Fri, 27 Mar · 22:14 IST

GFL Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

GFLLIMITED · price

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▲ 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
-1.4%1-day move
₹39.30
prior close
₹38.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+2.8+1.0+1.4-1.4+2.7+1.8+2.3+10.6+16.4+23.9+24.2+18.3+17.0
Up moveDown movePending
AI summary

GFL Limited has submitted voting results of a postal ballot concluded on 27th March 2026. Two resolutions were passed with overwhelming majority: (1) Appointment of Mrs. Ishita Jain (DIN: 09276232) as a Non-Executive Director, approved with 99.99% votes in favour (7.63 crore shares out of 7.63 crore polled), and (2) Change in designation of Mr. Pavan Kumar Jain (DIN: 00030098) from Non-Executive Director to Chairman and Managing Director for a 5-year term (Feb 12, 2026 to Feb 11, 2031) beyond the age of 70 years, approved with 99.99% votes in favour. Promoters holding 7.55 crore shares (68.7% of total equity) voted 100% in favour of both resolutions. Out of 29,927 total shareholders, 69.48% of outstanding shares were polled through remote e-voting, with only a negligible number of dissenting votes from public shareholders.

Likely market impact

Both resolutions were passed with near-unanimous support, signalling strong shareholder confidence in the company's leadership changes. Mr. Pavan Kumar Jain's elevation to Chairman & MD without remuneration and Mrs. Ishita Jain's addition as Non-Executive Director formalise the board's leadership structure for the next five years. The event is largely procedural and unlikely to cause a major stock price reaction.