KFin Technologies Limited has submitted the Exchange a copy Scrutinizer's report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
KFINTECH · price
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KFin Technologies Limited conducted a postal ballot to appoint Mr. Shankar Iyer (DIN: 02134073) as an Independent Director and approve his remuneration. Voting was held from May 09 to June 07, 2025 via e-voting. Out of 2,34,740 shareholders on record date, 1,183 valid voters participated, polling 12.08 crore shares (70.18% of outstanding shares). The special resolution was passed with overwhelming support: 99.51% votes in favour (12.02 crore shares) and only 0.49% against (5.87 lakh shares). The resolution is deemed to have been passed on June 07, 2025.
The appointment of a new Independent Director strengthens the board composition of KFin Technologies. The near-unanimous approval (99.51% in favour) including from institutional investors (99.08% in favour) reflects strong shareholder confidence in the appointment. This is a routine corporate governance event with minimal direct impact on stock price.