Jai Balaji Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
JAIBALAJI · price
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Jai Balaji Industries Limited conducted a postal ballot (e-voting only) to seek shareholder approval for appointing Shri Pradip Kumar Tibdewal (DIN: 07977787) as a Non-Executive Independent Director for a 2-year term from 16th April 2025 to 15th April 2027. A total of 221 members holding 710.48 million equity shares voted, representing 77.88% of the company's total share base of 912.25 million shares. The special resolution was passed with overwhelming support: 709.63 million votes (99.88%) in favor and only 857,804 votes (0.12%) against. The voting period ran from 16th May 2025 to 14th June 2025, and the scrutinizer was Raj Kumar Banthia of MKB & Associates.
This is a routine corporate governance event. The near-unanimous approval signals broad shareholder support for the board appointment, with no meaningful dissent. No direct impact on stock price is expected.