Please find attached Voting Results and Scrutinizer''s Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kalyani Cast-Tech Ltd (BSE: 544023) announced the results of its postal ballot concluded on January 24, 2026. Two special resolutions were passed with the requisite majority: (1) appointment of Mr. Satish Kumar (DIN: 11391853) as an Independent Director, and (2) alteration of the object clause of the Memorandum of Association (MOA). A total of 15 members representing 42.84 lakh votes participated through remote e-voting facilitated by NSDL. The promoter and promoter group (10 members, 4,269,500 votes, or 99.64%) voted entirely in favour of both resolutions. The scrutinizer was M/s Ankur Singh & Associates, and the report was signed by Whole Time Director Jayashree Kumar on January 27, 2026.
Both resolutions technically passed because promoters hold an overwhelming share of voting power, so the board now has a new independent director and the company has flexibility to amend its MOA object clause — which could signal plans for business diversification or new ventures. However, every single public/retail shareholder who voted (5 members, 15,250 votes, 0.36%) opposed both resolutions, which is a noteworthy red flag worth investor attention.