LAXMICOTNSELAXMI COTSPIN LIMITEDMediumNeutral
Announced Fri, 17 Jul · 17:06 IST

Postal Ballot Results - Auditor Appointment and Director Regularisation

Board & Shareholder Meetings View source PDF

LAXMICOT · price

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Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹14.67
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.7+0.3+0.8-3.7-1.8
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AI summary

Laxmi Cotspin Limited announced postal ballot results on July 17, 2026. Two resolutions passed with over 99 percent majority via remote e-voting from June 17 to July 16, 2026. Resolution 1 approved M/s Singh Mundada and Associates as Statutory Auditors to fill a casual vacancy, with 99.80 percent votes in favor. Resolution 2 approved Mrs. Sharda Ghansham Sikchi as Non-Executive Women Director, also with 99.80 percent in favor. About 17.10 percent of total shares voted, with promoters fully in favor.

Likely market impact

Both resolutions passed with overwhelming support, reflecting strong shareholder confidence. No material impact on stock price expected.