Announced Tue, 30 Jun · 11:57 IST
Postal Ballot: Independent Director Appointed, MOA Object Clause Altered
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
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.5+2.7+4.0+0.1+0.6-1.8-6.2———
Up moveDown movePending
AI summary
Maan Aluminium Limited held a Postal Ballot from 30 May to 28 June 2026 on two special resolutions, both passed overwhelmingly. Resolution 1 appoints Mr. Karan Bhatia as Independent Director with 99.9976 percent votes in favour (2.97 crore shares, 86 members). Resolution 2 alters the object clause of the Memorandum of Association, also passed with 99.9976 percent in favour. The company has 32,063 shareholders total.
Likely market impact
Strong shareholder backing. New Independent Director joins the board. MOA change allows the company to broaden or modify its business scope.