We refer to our letter dated August 8, 2025, informing the Stock Exchange about the dispatch of Postal Ballot notice seeking the approval of the members of the Company through remote e-voting ....
COCKERILL · price
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John Cockerill India announced the results of its Postal Ballot conducted via remote e-voting between August 11 and September 9, 2025. All three resolutions were passed with overwhelming majority: (1) Appointment of Mr. Frederic Martin (DIN: 11210964) as Director received 99.99% votes in favour (3,715,534 out of 3,715,634 polled votes); (2) His appointment as Managing Director along with remuneration was approved with 99.99% votes in favour (3,715,529 votes); (3) Shifting of the Registered Office was passed with 99.97% votes in favour (3,714,451 votes). The promoter group holding 3,703,200 shares voted 100% in favour of all resolutions. Overall polling turnout was 75.25% of total shares (3,715,634 out of 4,937,813). The scrutinizer Mr. Vijay Kumar Mishra of VKM & Associates confirmed all resolutions were passed with the requisite majority.
Mr. Frederic Martin is now formally appointed as Managing Director, signaling a key leadership transition at the company. The near-unanimous shareholder approval (including 100% backing from promoters) reflects strong confidence in the new management and the proposed registered office relocation. These changes are administrative/structural and unlikely to cause immediate stock price movement, but confirm strategic continuity under new leadership.