HCL Infosystems Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
HCL-INSYS · price
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HCL Infosystems Limited has announced the outcome of a postal ballot for appointing Mr. Gaurav Bhalla as Manager and Key Managerial Personnel for five years, effective from May 1, 2026. The resolution was passed as a Special Resolution with overwhelming shareholder approval. Out of 461 shareholders who voted, 393 voted in favour representing 207,272,173 shares (99.99%), while only 68 shareholders with 17,917 shares (0.01%) voted against. The total voter turnout was 62.97% of outstanding shares. Mr. Vineet K Chaudhary of M/s VKC & Associates acted as the scrutinizer for the remote e-voting process conducted between March 15 and April 13, 2026.
The near-unanimous approval signals strong shareholder confidence in the new managerial appointment. This is a routine corporate governance matter and is unlikely to have any direct impact on the stock price in the short term.