Announced Mon, 20 Jul · 22:42 IST
Postal ballot results: All 5 resolutions approved by shareholders
Management Changes View source PDF
GLAND · 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
-0.8%1-day move
₹2458.20
prior close
₹2476.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.9-1.0-1.0-0.8-2.9-2.9-1.1——————
Up moveDown movePending
AI summary
All 5 resolutions at Gland Pharma postal ballot passed with requisite majority. Key items: reappointment of Mr Udo Johannes Vetter as Independent Director (86.9 percent in favour), appointment of new Independent Director Mr William Robert Keller (99.1 percent in favour), and profit commission approvals for three independent directors. Around 14.87 crore votes polled with about 90 percent turnout.
Likely market impact
Routine governance approval. Board continuity maintained with one new independent director added. No material impact on shareholders expected.