Ghcl Textiles Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
GHCLTEXTIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GHCL Textiles has announced the results of its postal ballot, with shareholders approving the appointment of Mr. Alok Raj, IRS (Retd.) as an Independent Director for a five-year term effective April 1, 2026. The e-voting period ran from February 11, 2026 to March 12, 2026, with 291 equity shareholders participating. Of the 3,47,04,375 valid votes cast, 99.97% (3,46,93,549 votes) were in favour and just 0.03% (10,826 votes) were against the special resolution. Mr. Alok Raj is a retired 1988-batch Indian Revenue Service officer and former diplomat, with experience in revenue, cabinet secretariat, and the Ministry of External Affairs, including serving as Minister in Indian Embassies abroad. The resolution was deemed passed on March 12, 2026, and the results were declared on March 13, 2026.
The near-unanimous approval (99.97% in favour) reflects strong shareholder confidence in the new appointment. Adding a former senior bureaucrat and diplomat with deep policy and corporate governance experience strengthens the board's independence and oversight capability — a positive governance signal for retail investors.