GULFPETRONSEGP Petroleums LimitedLowNeutral
Announced Thu, 12 Feb · 18:42 IST

GP Petroleums Limited has submitted the Exchange a copy of Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

GULFPETRO · price

Loading chart…

▲ 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

GP Petroleums Limited conducted a postal ballot via e-voting from January 14, 2026 to February 12, 2026, seeking shareholder approval for the appointment and remuneration of Mr. Ayush Goel (DIN: 02889080) as Chairman & Managing Director. Out of 50,98,43,83 total shares, 2,76,96,673 shares (54.32%) were voted, with 27,67,072 votes (99.90%) cast in favour and only 26,601 votes (0.10%) against the resolution. A total of 144 members participated, and the resolution was passed with the requisite majority. The promoter group, which had declared interest in the resolution, voted entirely (100%) in favour, with 96.70% of their 2,10,19,558 shares participating.

Likely market impact

Mr. Ayush Goel's appointment as Chairman & Managing Director is now formally confirmed, providing leadership continuity. The near-unanimous approval (99.9%) including from the promoter group signals strong shareholder support, though the promoter's interested-party status means this confirmation is largely procedural rather than market-moving.