HERANBABSEHeranba Industries LtdLowNeutral
Announced Sat, 23 May · 13:59 IST

Enclosed herewith Outcome of Postal Ballot.

Board & Shareholder Meetings View source PDF

HERANBA · price

Loading chart…

▲ 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
₹191.00
prior close
₹190.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.4+2.2+2.2-1.5+2.6-6.9-6.6-6.4-9.8+0.1-1.6-8.1
Up moveDown movePending
AI summary

Heranba Industries Limited has announced the results of its postal ballot held through remote e-voting from April 22 to May 21, 2026. Two special resolutions were passed with overwhelming shareholder approval. Resolution 1 approved the appointment of Mr. Omprakash Singh as Non-Executive Independent Director for a 5-year term, with 99.99% votes in favor (3,01,05,046 votes). Resolution 2 approved the appointment of Mr. Roshan R Shetty as Whole Time Director designated as Executive Director, also with 99.99% votes in favor (3,01,04,959 votes). Both resolutions received less than 0.01% dissenting votes. Total voting participation was 75.24% of outstanding shares. The scrutinizer confirmed all votes were valid and the resolutions stand duly approved.

Likely market impact

The appointments bring fresh leadership to the board. Mr. Shetty's appointment as Executive Director indicates the company is strengthening its management team. Since both resolutions passed with near-unanimous support, shareholder sentiment appears positive regarding these governance changes.