Postal Ballot Results: All 5 Resolutions Approved by Shareholders

Board & Shareholder Meetings View source PDF

IFBIND · 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

+0.5%1-day move

₹1278.50

prior close

₹1277.90

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.8-1.5-2.0-2.1+0.5+0.9+1.3+0.3-0.6-1.5+6.0———

Up moveDown movePending

AI summary

IFB Industries postal ballot (e-voting 27 May to 25 June 2026) saw 3.30 crore votes polled out of 4.05 crore shares (81.4 percent). All 5 resolutions passed: Mr. Arup Das as Director (99.75 percent) and Executive Director Engineering (99.66 percent); Mr. Manoj Kumar Vijay as Independent Director (93.94 percent); Mr. Sandeep Joseph Abraham as Director (99.99 percent) and Managing Director and CEO (99.99 percent). Promoters voted 100 percent in favour. Noteworthy: 85.8 percent of public institution votes were against the Vijay appointment.

Likely market impact

Board appointments confirmed. Manoj Kumar Vijay independent director role saw notable public institution dissent (about 6 percent against).