Announced Sat, 25 Apr · 19:35 IST
Postal ballot results: Independent Director appointment approved
Board & Shareholder Meetings View source PDF
HGM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹52.12
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.5+1.7+2.6+6.5+12.2+20.9+12.7+18.8+1.0+2.6
Up moveDown movePending
AI summary
HGM Limited's postal ballot to appoint Mr. Kesavan Nair Padmanabhan as Independent Director for a 5-year term (March 7, 2026 to March 6, 2031) was passed with 99.998% votes in favor. Out of 12.59 lakh outstanding shares, 56.89 lakh votes were polled (45.17%). Promoters voted 100% in favor; public voted 99.90% in favor. Only 115 votes against the resolution.
Likely market impact
Routine corporate governance update. New Independent Director onboarded for a 5-year term. No material impact on operations or stock price.