Announced Thu, 26 Mar · 12:51 IST

Scrutiniser Report for the Postal Ballot

Board & Shareholder Meetings View source PDF

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

Price reaction · full curve 14 horizons · vs prior close
-5.9%1-day move
₹30.30
prior close
₹30.45
base price
After-mkt
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AI summary

Krypton Industries Ltd conducted a postal ballot (remote e-voting only) from February 24 to March 25, 2026, seeking shareholder approval on three special resolutions. All three resolutions were passed with overwhelming majority. Resolution 1 (regularization of Mr. Mukul Banerjee as Independent Director) was approved with 100% votes in favor. Resolution 2 (regularization of Mrs. Vaishnavi Gupta as Independent Director) was approved with 99.97% votes in favor. Resolution 3 (approval of remuneration exceeding prescribed limits to Whole Time Director Mr. Digvijay Singh Bardia) was approved with 100% votes in favor. The company has 12,600 shareholders on record, but only 60 shareholders participated, representing 20.53% of outstanding shares (30.19 lakh shares out of 1.47 crore shares). Mr. Altab Kazi Uddin, Practicing Company Secretary, served as the scrutinizer and confirmed the process was conducted in a fair and transparent manner.

Likely market impact

The successful passage of these resolutions allows Krypton Industries to regularize two independent directors on its board and approve enhanced remuneration for its Whole Time Director. The extremely low shareholder participation (only 60 out of 12,600 shareholders voted) is notable, though all resolutions passed with near-unanimous support, suggesting no material shareholder dissent on these governance matters.