Khadim India Limited has informed the Exchange regarding voting results of Postal Ballot
KHADIM · price
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Khadim India Limited announced voting results of a Postal Ballot concluded on June 23, 2025, covering three special resolutions. The first resolution approved the re-designation and appointment of Mrs. Upama Mukherjee as Independent Director, passing with 96.06% votes in favour (11.09 lakh shares for, 4.55 lakh against). The second resolution approved Mr. Siddhartha Roy Burman's re-designation as Executive Chairman (Whole-Time Director) for a fresh 3-year term from April 1, 2025, also passing with 96.06% in favour. The third resolution approved Mr. Rittick Roy Burman's re-designation as Managing Director for a 3-year term from April 1, 2025, passing with an overwhelming 99.99% in favour (only 1,033 shares against). Overall, 62.8% of outstanding shares were polled through e-voting. Promoter group voted unanimously in favour of all three resolutions.
The resolutions confirm continuity in leadership with the Burman family retaining executive control — Siddhartha Roy Burman as Executive Chairman and Rittick Roy Burman as Managing Director, both for 3-year terms. All resolutions passed comfortably, though the relatively higher dissent (nearly 4%) on the independent director and executive chairman appointments may signal some institutional or public shareholder discomfort. No material impact on share price expected from governance outcome alone.