Announced Fri, 10 Jul · 21:54 IST
Postal ballot results: Two independent directors appointed
Board & Shareholder Meetings View source PDF
INDUSINDBK · price
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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹1014.70
prior close
₹1010.00
base price
After-mkt
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AI summary
IndusInd Bank shareholders approved two special resolutions by postal ballot on July 10, 2026, appointing Mr. Nilesh Shivji Vikamsey and Mr. Ravindra Babu Garikipati as Non-Executive Independent Directors. Both passed with about 99.99 percent support, with just 34,999 and 36,107 votes against. Roughly 76 percent of total shares were polled. Promoters voted 100 percent in favour.
Likely market impact
Adds two new independent directors to the board, strengthening governance. Near-unanimous shareholder backing signals broad support.