Postal Ballot Scrutinizer''s Report and e-voting result
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▲ 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 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, all of which passed with overwhelming majority (over 99.98% in favor). Resolution 1 was a special resolution to approve selling, leasing, or otherwise disposing of certain Tea Estates of the company under Section 180(1)(a) of the Companies Act, 2013, which received 1,60,95,219 votes in favor (99.9844%) against just 2,579 votes against. Resolution 2 was a special resolution for the re-appointment of Mr. Soumen Mukherjee as Director (Finance) & CFO for another 3-year term, which received 99.9847% support. Resolution 3 was an ordinary resolution to appoint Mr. Oliver Capon as a Non-Executive Non-Independent Director effective January 1, 2026, which received 99.9870% support. Promoters holding 1,59,84,000 shares (about 74% of the 2,16,00,000 total shares) voted 100% in favor on all resolutions.
The approval to sell or dispose of Tea Estates is the most material outcome for shareholders, potentially signaling a strategic restructuring or asset divestment that could unlock value or change the company's operational footprint. The re-appointment of the CFO and induction of a new director also indicate continuity in leadership and board strengthening.