KSH International: Postal Ballot approves ESOP 2025 ratification

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.

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AI summary

Members approved ratification of KSH Employee Stock Option Scheme 2025 via postal ballot with 89.99% votes in favour (5.36 crore shares) against 10.01% (59.66 lakh shares). Of 6.78 crore total shares, 87.97% voted. Promoters backed it fully with 5.05 crore shares. Public institutions largely opposed (65.87% against), while non-institutional shareholders supported (97.06% in favour). Resolution needed three-fourths majority and was passed.

Likely market impact

ESOP 2025 cleared, letting the company grant stock options to employees. Notable dissent from institutional investors flagged.