Outcome of Postal ballot through E-Voting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kaycee Industries conducted a postal ballot via remote e-voting from March 29 to April 27, 2025, seeking shareholder approval for the re-appointment of Mrs. Priya Bhansali (DIN: 00195848) as an Independent Director for a second consecutive 5-year term effective May 12, 2025. The resolution was passed as a Special Resolution with overwhelming support — 2,291,420 votes (99.99%) in favour and only 102 votes against, out of 2,291,522 valid votes polled. Turnout was healthy at 72.21% of total shares (3,173,500). Promoter group fully supported the resolution (2,282,014 votes, 100% in favour), while public non-institutional holders voted 98.93% in favour. Promoters had no interest in the resolution. The scrutinizer's report was issued by Aashit Doshi & Associates on April 28, 2025.
This is a routine governance compliance outcome — the near-unanimous approval ensures continuity on the board and has no material impact on the stock price. Shareholders retain an independent director with a fresh 5-year tenure starting May 12, 2025.