GOODYEARBSEGoodyear India LtdMediumNeutral
Announced Wed, 24 Dec · 16:20 IST

Postal Ballot Voting Results

Cfo ResignedManagement Changes View source PDF

GOODYEAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Goodyear India shareholders approved two special resolutions via postal ballot on December 23, 2025. First, Mr. Gajanan Vithal Gandhe (DIN: 02023395) was appointed as an Independent Non-Executive Director with 99.99% votes in favour (18,873,802 shares). Second, shareholders approved a one-time additional remuneration of Rs. 6,34,774 as reimbursement of notice period payout to Mr. Sandeep Garg, who serves as Whole Time Director and Chief Financial Officer, with 99.98% votes in favour (18,873,090 shares). Total of 44,250 shareholders holding 2,30,66,507 shares were eligible to vote, with 81.83% participation.

Likely market impact

The appointment of a new Independent Director strengthens board composition, while the notice period payout to the CFO signals his impending exit, which may create short-term leadership transition concerns but is a routine governance matter.