Gujarat Alkalies and Chemicals Limited has informed the Exchange regarding 'Details of Voting Results (remote e-voting) of the Postal Ballot Notice as per Reg 44(3) of SEBI LODR regulations 2015.'.
GUJALKALI · price
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Gujarat Alkalies and Chemicals Limited has announced the results of a postal ballot conducted to approve the appointment of Shri SJ Haider, IAS (DIN: 02879522) as a Director of the Company. The e-voting was held from June 6, 2025 to July 5, 2025, with CDSL providing the electronic voting platform. Out of a total of 7,34,36,928 shares, 3,98,46,163 votes (54.26% of outstanding shares) were polled, and the resolution was approved with an overwhelming 99.95% in favour and just 0.05% against. Promoter and promoter group voted 100% in favour, while public institutions and non-institutions also supported the appointment with 99.34% and 99.91% votes in favour respectively. Mr. Niraj Trivedi, Practicing Company Secretary, served as the scrutinizer for the process.
This is a routine corporate governance announcement confirming the appointment of a government-nominated IAS officer as Director. The near-unanimous approval reflects broad shareholder support and has no material impact on the stock price or business operations. Shareholders may note the increased government representation on the board.