Kokuyo Camlin Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
KOKUYOCMLN · price
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Kokuyo Camlin Limited has submitted the voting results of its Postal Ballot along with the Scrutinizer's Report dated 27th March 2026. The Postal Ballot, which ran from 25th February to 26th March 2026, saw 32,860 shareholders on the record date (20th February 2026), with about 74.7% of total shares (approximately 7.49-7.52 crore shares) participating in voting. All three Special Resolutions were passed with overwhelming support of around 99.98%. The resolutions approved payment of perquisites to Mr. Dilip D. Dandekar (Chairman & Non-Executive Director) and Mr. Shriram S. Dandekar (Vice Chairman & Non-Executive Director), both being related-party items, as well as a revision in remuneration for Mr. Satish Veerappa (Managing Director). Promoter group held roughly 7.52 crore shares and voted 100% in favour of all three resolutions.
The resolutions are procedural/administrative in nature, formalising remuneration and perquisites for top directors, and were approved by a near-unanimous margin. No material change in business operations is expected, and the impact on the stock price is likely to be neutral. Shareholders should note the related-party nature of the first two resolutions, though these were supported by public shareholders as well.