Announced Sat, 21 Jun · 12:28 IST

Outcome of Postal Ballot process wherein e-voting was held from May 22, 2025 to June 20, 2025.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Kreon Finnancial Services Ltd conducted a postal ballot (e-voting) from May 22, 2025 to June 20, 2025. Two special resolutions were passed with 100% approval: re-appointment of Mrs. Rajashree Santhanam (DIN: 07162071) and Mrs. Muthusamy Menaka (DIN: 10550690) as Independent Directors for a 5-year term from April 1, 2025 to March 31, 2030. A total of 35 members participated, representing 1,44,21,663 shares, with zero votes cast against either resolution. The scrutinizer's report was issued by Lakshmmi Subramanian & Associates on June 20, 2025.

Likely market impact

This is a routine governance filing that confirms continuity on the board with both Independent Directors re-appointed for another 5-year term. No negative impact on shareholders; the resolutions received unanimous approval.