Announced Mon, 29 Jun · 22:43 IST
Maan Aluminium Postal Ballot: Two Resolutions Passed with Over 99.99% Approval
Board & Shareholder Meetings View source PDF
MAANALU · price
▲ 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
-0.5%1-day move
₹122.80
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.5+2.7+4.0+0.1+0.6-1.8-6.2———
Up moveDown movePending
AI summary
Maan Aluminium's postal ballot held from May 30 to June 28, 2026 saw two special resolutions pass with overwhelming majority. Resolution 1 to appoint Mr. Karan Bhatia as Independent Director received 99.9976 percent votes in favour (about 29.72 lakh votes). Resolution 2 to alter the object clause of the Memorandum of Association also received 99.9976 percent in favour. Out of 32,063 shareholders, around 200 voted on each resolution.
Likely market impact
Strong shareholder approval secured. A new Independent Director joins the board and the MOA object clause changes, which may signal a shift in business activities.