We are submitting herewith Scrutinizers'' Report and Voting Results of the Postal Ballot completed on 30th April, 2026
ISHANCH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ishan Dyes and Chemicals Ltd has announced results of a postal ballot completed on April 30, 2026. Two special resolutions were passed for re-appointment of directors: Mr. Shrinal P Patel as Whole-Time Director and Mr. Piyushbhai Natvarlal Patel as Managing Director. Both resolutions were approved with 99.31% shareholder approval (10,650,423 votes in favor vs 73,953 against) out of 10,724,376 votes cast. The promoter group fully supported both resolutions with 100% voting in favor. Public shareholders showed 93.16% approval with minor dissent of 6.84%. Overall voter turnout was 41% of outstanding shares with 8,864 eligible shareholders on record.
Both director re-appointments are confirmed, ensuring continuity in company leadership. The strong promoter support and high approval rates indicate stability in management. The minor public dissent on director remuneration terms may warrant attention but poses no immediate concern given the overwhelming majority.