INDORAMANSEIndo Rama Synthetics (India) Limited· Textiles - SyntheticMediumNeutral
Announced Thu, 23 Apr · 17:11 IST

Indo Rama Synthetics (India) Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

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▲ 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
+4.8%1-day move
₹37.99
prior close
₹37.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.3-0.5+0.7+4.8+3.0-0.5+0.2+0.4+2.7-7.2-1.8+22.1+28.1
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AI summary

Indo Rama Synthetics has announced the results of its Postal Ballot conducted via remote e-voting, with the last date for voting being 22nd April 2026. Two resolutions were passed with overwhelming shareholder approval. The first resolution appointed Mr. Vipin Kumar as Non-Executive, Non-Independent Director, which was approved by 99.9988% of votes (21,28,86,701 votes in favour vs 2,501 against). The second resolution appointed Mr. Sanjay Gupta as Whole-time Director, approved by 99.9656% of votes (21,28,15,984 in favour vs 73,218 against). A total of 27,278 shareholders were eligible to vote on the record date of 20th March 2026. The scrutinizer, CS Jaya Yadav of Jaya Yadav & Associates, verified the voting process.

Likely market impact

Both director appointments received near-unanimous shareholder support, indicating strong confidence in the new appointments. This should be viewed positively as it ensures continuity in the company's board composition and governance structure.