Indo-National Limited has submitted the Exchange a copy Srutinizers report and Voting Results of Postal Ballot
NIPPOBATRY · price
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Awaiting price reaction for this filing.
Indo-National Limited (Nippo Batteries) has submitted the scrutinizer's report and voting results of a postal ballot conducted via remote e-voting from June 20 to July 19, 2025. The only resolution was the appointment of Ms. Suneeta Reddy (DIN: 00001873) as a Non-Executive Non-Independent Director, which was passed as an Ordinary Resolution. Out of 75,00,000 total shares, 41,11,075 votes were polled (54.81% participation). The resolution received 99.79% votes in favor (41,02,582) and only 0.21% against (8,493 votes). The promoter and promoter group voted unanimously in favor with 100% approval, while public non-institutions showed 87.63% support. The scrutinizer, M Damodaran & Associates LLP, confirmed the resolution passed with the requisite majority on July 19, 2025.
This is a routine corporate governance filing confirming the addition of a new non-executive director to the board. The near-unanimous approval (99.79% in favor) reflects broad shareholder consensus, and this appointment is unlikely to have any material impact on the stock price or business operations.