The Jammu & Kashmir Bank Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
J&KBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jammu & Kashmir Bank has announced the results of its postal ballot dated May 22, 2025, along with the Scrutinizer's report. The single special resolution was to appoint Mr. Sankarasubramanian Krishnan (DIN: 07261965) as an Independent Director on the Bank's board. Out of 2,82,340 shareholders on record, votes were polled on 75,58,40,827 shares, representing 68.64% of the total 1,10,11,82,463 outstanding shares. The resolution was passed with overwhelming support — 99.9945% of votes polled were in favour (75,57,99,341 shares) while only 41,486 shares (0.0055%) voted against. Promoters and promoter group voted 100% in favour, public institutions also voted 100% in favour on the shares they polled, and public non-institutions voted 93.22% in favour with 6.78% against.
A new Independent Director has been formally appointed to J&K Bank's board, strengthening governance. The near-unanimous shareholder approval reflects strong confidence in the appointment, with no material governance concerns signaled.