Enclosed herewith the Scrutinizer''s Report dated 02nd May, 2026 for Postal Ballot conducted from e-voting period began from 3rd April, 2026 and ended on 2nd May, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hercules Investments Limited (formerly Hercules Hoists Limited) has submitted the scrutinizer's report for a postal ballot conducted between April 3 and May 2, 2026. Shareholders voted on the appointment of Mr. Mahendrakumar Amritlal Gohel as an Independent Director. Out of 3.2 crore shares, votes representing 1.60 crore shares (50.16% turnout) were polled. The resolution passed overwhelmingly with 99.99% in favor (1.60 crore votes) and only 1,799 votes against. Promoters and public institutions voted 100% in favor, while public non-institutions supported it by 93.04%.
The appointment of a new independent director strengthens the board's governance structure. The near-unanimous approval indicates strong promoter and institutional backing, which is typically positive for shareholder confidence. The minimal opposition from public shareholders suggests no major concerns with the appointment.