Independent Director Gautam Mukherjee re-appointed for second 5-year term

Board & Shareholder Meetings View source PDF

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AI summary

Jamna Auto Industries shareholders approved the re-appointment of Mr. Gautam Mukherjee as Independent Director for a second term of 5 years (May 31, 2026 to May 30, 2031) through postal ballot. Out of 39.98 crore total shares, 25.91 crore (64.80 percent) were polled. 98.25 percent voted in favour (25.45 crore shares) and 1.75 percent against (45.36 lakh shares). Promoters voted 100 percent in favour. Public institutions showed 88.17 percent support, while public non-institutions gave 99.89 percent backing.

Likely market impact

Strong shareholder support (98.25 percent) confirms Mr. Mukherjee's continuation as Independent Director, ensuring board continuity for the next five years.