Postal Ballot - Voting Results and Scrutinizer''s Report
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Gokak Textiles Limited has submitted the voting results of its postal ballot conducted between March 20 and April 18, 2025. The single special resolution was for the appointment of Mr. Ganesan Rajamani (DIN: 07615445) as an Independent Director. Of the total 64,99,308 shares, 48,70,482 shares (74.94%) were voted, with 99.80% voting in favour and just 0.20% against. Promoter and promoter group voted unanimously in favour with all 47,80,845 shares, while public non-institutions polled at 6.58% participation with 89.26% in favour. The scrutinizer, KDSH & Associates LLP, confirmed the resolution was passed with the requisite majority.
The appointment of a new Independent Director has been formally approved by shareholders, strengthening the board's composition. The overwhelming approval (99.80%) and full promoter support indicate strong consensus with no meaningful shareholder dissent, suggesting minimal governance concerns.