Results of Postal Ballot along with the Scrutiniser s Report
GRASIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Grasim Industries conducted a postal ballot via remote e-voting (Feb 26 – Mar 27, 2026) seeking shareholder approval for two special resolutions. Both resolutions were approved with the requisite majority: re-appointment of Mr. V. Chandrasekaran as Independent Director for a second term of 5 years (24 May 2026 to 23 May 2031) passed with 90.78% votes in favour, and re-appointment of Mr. Adesh Kumar Gupta as Independent Director for the same term passed with 93.55% votes in favour. Promoter group voted 100% in favour of both, while public institutional holders showed notable dissent (25.91% against Chandrasekaran, 18.06% against Gupta). About 79.9% of total voting rights were polled across roughly 1,795 members.
This is a routine governance matter ensuring continuity of two existing independent directors on the board for another five-year term. No material impact on shareholders or stock price is expected; the resolutions were widely approved though institutional investors showed modest dissent on the first appointment.