Kotyark Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
KOTYARK · price
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Kotyark Industries Limited has announced the results of its postal ballot conducted in April 2026. Two resolutions were voted upon: (1) appointment of Mr. Viral Mukeshbhai Mamtora as Non-Executive Independent Director for one year, and (2) appointment of M/s. Mittal V. Kothari & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). Both resolutions were passed with 100% votes in favor - 6,122,596 votes in favor and zero votes against for each resolution. Total voter turnout was 59.56% of outstanding shares (10,279,116 total). Promoter group showed strong participation at 85.75%, while public non-institutional shareholders had lower participation at 11.42%. No institutional investors voted.
Both resolutions passed unanimously, indicating shareholder approval for the appointment of a new independent director and the continuation of the existing secretarial audit firm. This is a routine governance matter with no material impact on the stock price expected.