HCL-INSYSNSEHCL Infosystems Limited· Computers - HardwareMediumNeutral
Announced Wed, 15 Apr · 15:18 IST

HCL Infosystems Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

HCL-INSYS · price

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▲ 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
+8.4%1-day move
₹12.10
prior close
₹12.53
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AI summary

HCL Infosystems Limited shareholders have approved the appointment of Mr. Gaurav Bhalla as Manager and Key Managerial Personnel for a period of five years, effective from May 1, 2026. The postal ballot was conducted through remote e-voting between March 15, 2026 and April 13, 2026. Out of 329.2 million shares, 207.3 million votes were cast representing 62.97% voter turnout. The resolution passed with overwhelming approval of 99.99% in favor (207.3 million votes) against only 0.01% against (17,917 votes). M/s VKC & Associates, represented by Vineet K Chaudhary, served as the scrutinizer for this postal ballot process.

Likely market impact

The appointment of Mr. Gaurav Bhalla as the new Manager and KMP brings leadership stability to HCL Infosystems. The near-unanimous shareholder approval indicates strong confidence in the appointment and is a positive signal for the company's operational continuity.