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.
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Jammu & Kashmir Bank has submitted the Scrutinizer's report along with the voting results of a Postal Ballot conducted by the company to the stock exchange. A Postal Ballot is a mechanism where shareholders vote on company resolutions by post or electronic means without attending a meeting. The Scrutinizer is an independent person appointed to fairly count and verify the votes cast. The company has now disclosed the outcome of this voting process to the Exchange as required.
This is a routine compliance filing. Investors should check the voting results to see whether the resolutions put to vote were approved and the margin of approval, which could affect future course of action.