Please find the Outcome of Postal Ballot of Notice dated 10th Feb, 2025.
KLBRENG-B · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kilburn Engineering Ltd conducted a Postal Ballot via remote e-voting between March 27 and April 25, 2025, on three special resolutions. All three resolutions were passed with overwhelming shareholder support, with 99.99% of votes cast in favour and only 1,955 votes (0.0078%) against. The approved resolutions include the re-appointment of Mr. Ranjit Pamo Lala as Managing Director for two years, the re-appointment of Mr. Anil Somshekar Karnad as Whole Time Director (Operations) for two years, and the appointment of Mr. Shishir Joshipura as Independent Director for a first term of five years. Promoters voted unanimously in favour (100% of their 23,054,646 shares), while public non-institutions approved the resolutions with 99.86% support. Total valid votes polled were 2,50,60,694 out of 4,74,87,858 shares (52.77% voting turnout).
Leadership continuity is secured for the next two years with the Managing Director and Whole Time Director (Operations) re-appointed, and board independence is strengthened with the addition of a new Independent Director. The near-unanimous approval reflects strong shareholder confidence in the current management team, with minimal dissent from any investor category.