Announced Wed, 1 Jul · 15:00 IST
Postal Ballot Results: Independent Director Re-appointment Approved
Board & Shareholder Meetings View source PDF
JAMNAAUTO · price
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Price reaction · full curve 14 horizons · vs prior close
+6.1%1-day move
₹131.70
prior close
₹134.62
base price
In-mkt
timing
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-0.1+0.0-0.0—+6.1+5.0+4.6+2.4+0.6+3.6+0.3———
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AI summary
Jamna Auto Industries shareholders approved via postal ballot the re-appointment of Mr. Gautam Mukherjee as Independent Director for a second 5-year term, from May 31, 2026 to May 30, 2031. The special resolution passed with 98.25 percent votes in favour. Out of about 25.90 crore shares polled, 25.45 crore voted in favour and roughly 45 lakh voted against. Promoters voted 100 percent in favour.
Likely market impact
Routine governance action with strong shareholder backing of 98.25 percent; no material impact on stock expected.