Announced Fri, 19 Sept · 22:43 IST

Results of Postal ballot

Board & Shareholder Meetings View source PDF

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

Gourmet Gateway India Ltd (formerly Intellivate Capital Ventures Limited) conducted a Postal Ballot with remote e-voting from 21st August to 19th September 2025 to seek shareholder approval for regularizing the appointment of Mr. Sudhanshu Singhal (DIN: 08167554) as a Non-Executive Independent Director. Out of 6,372 shareholders on the record date (15th August 2025), the resolution received 88,486,013 valid votes in favour (99.74%) against only 230,630 votes against (0.26%), with promoters voting 100% in favour and public non-institutions voting 99.07% in favour. The scrutinizer, CS Sachin Khurana of AASK & Associates LLP, confirmed the resolution was passed with the requisite majority. A total of 6,650,316 votes from public non-institutions were declared invalid due to non-validation of authority for remote e-voting.

Likely market impact

The appointment of Mr. Sudhanshu Singhal as Independent Director is now formally regularized, strengthening the board's composition. The overwhelming shareholder approval (over 99%) signals strong confidence in the governance direction, with no material risk of dissent expected to affect stock price.