Greenply Industries Limited has submitted the Exchange Outcome of Postal Ballot process by way of remote e-voting and a copy Srutinizers report of Postal Ballot Notice dated 4th November, 2025.
GREENPLY · price
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Greenply Industries has informed exchanges that shareholders approved the re-appointment of Mr. Rajesh Mittal (DIN: 00240900) as Executive Director in the capacity of Chairman cum Managing Director for a further period of 5 years, from January 1, 2026 to December 31, 2030, through a Postal Ballot conducted via remote e-voting. The notice was issued on November 4, 2025, and the voting window ran from November 30, 2025 to December 29, 2025. A total of 212 members cast votes representing 10,60,55,640 equity shares, with 97.81% voting in favour and only 2.19% against the resolution. No votes were found to be invalid, and the Scrutinizer confirmed the process complied with applicable Companies Act and SEBI provisions.
This is a routine governance outcome that confirms leadership continuity at the top for the next five years. With overwhelming shareholder support (over 97%), the re-appointment is unlikely to have any material impact on the stock price, and it removes any uncertainty around the CMD position.