IGLBSEIndraprastha Gas LtdMediumNeutral
Announced Fri, 22 May · 15:22 IST

Postal Ballot E-voting results along with Scrutinzer''s report

Board & Shareholder Meetings View source PDF

IGL · price

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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
+3.6%1-day move
₹154.91
prior close
₹154.94
base price
In-mkt
timing
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+0.0+3.6+7.0+6.1+3.4+6.5+4.2+9.3+9.1-2.3
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AI summary

Indraprastha Gas Limited has declared results of a Postal Ballot conducted via remote e-voting from April 22 to May 21, 2026. Shareholders approved the appointment of Shri. Subhankar Sen (DIN: 09844251) as a Director of the Company with 93.77% votes in favour. Out of 1.4 billion total shares, 1.15 billion votes were cast (82.28% turnout). The Promoter group voted 100% in favour while Public Institutions showed 86.25% support with 13.75% opposition. A total of 1,318 shareholders voted in favour and 283 voted against. The resolution qualifies as an Ordinary Resolution and has been passed with the requisite majority.

Likely market impact

The appointment of Subhankar Sen as Director has been approved by an overwhelming majority, removing any uncertainty around board composition. While some institutional shareholders opposed (about 14%), the near-unanimous promoter support ensures smooth passage. This is a routine governance update with no material impact on stock price.