Outcome and Scrutinizers Report of Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IIRM Holdings India Ltd (formerly Sudev Industries Ltd) informed exchanges that shareholders approved, via postal ballot, the change in designation of Mr. Yugandhara Rao Sunkara (DIN: 06527762) from Non-Executive Non-Independent Director to Non-Executive Independent Director. The special resolution passed with 100% of votes polled in favour — 1,441,995 votes cast by 24 public non-institutional shareholders, representing about 5.1% of their category's shareholding. Promoters and promoter group (holding 39,446,902 shares, roughly 58% of the company) did not participate in the e-voting. The e-voting window ran from June 22 to July 21, 2025, with the cut-off date set at June 13, 2025.
This is a routine board reclassification with no change in the number of directors or shareholding structure. The non-participation of promoters in voting is notable but does not affect the outcome, as public shareholders unanimously supported the move. Minimal impact expected on share price.