Outcome of Postal Ballot_ e-voting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Goodricke Group Ltd has announced the results of a postal ballot conducted via remote e-voting from December 4, 2025 to January 3, 2026. Three resolutions were put to shareholders: (1) A Special Resolution to approve selling, leasing, or disposing of certain Tea Estates of the company, passed with 99.98% in favor; (2) A Special Resolution to re-appoint Mr. Soumen Mukherjee as Director (Finance) & CFO for a further 3-year term, passed with 99.98% in favor; and (3) An Ordinary Resolution to appoint Mr. Oliver Capon as a Non-Executive Non-Independent Director effective January 1, 2026, passed with 99.99% in favor. Promoters Assam Dooars Investments Ltd and Western Dooars Investments Ltd, holding 15,984,000 shares, voted unanimously in favor of all resolutions. Overall voter turnout was about 74.5% of total outstanding shares (21,600,000), with 16,097,736 shares being polled.
All three resolutions were approved with overwhelming shareholder support, indicating strong confidence in management decisions. The approval to sell or lease Tea Estates could lead to a significant restructuring of the company's asset base, while the CFO re-appointment ensures continuity in financial leadership. The new director appointment is likely connected to the promoter group. Shareholders should watch for further announcements on the Tea Estate divestiture, which could materially impact the company's operations and financials.