Intimation of voting result of Postal Ballot along with Scrutinizer''s report
MHLXMIRU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahalaxmi Rubtech Limited conducted a postal ballot on three special resolutions, all of which were passed with overwhelming shareholder approval on May 20, 2026. The resolutions covered: (1) re-appointment of Mr. Balveermal Kewalmal Singhvi as Non-Executive Independent Director, (2) continuation of his directorship beyond age 75 years, and (3) regularisation of Mrs. Renukaben Patel as Non-Executive Independent Director. All three resolutions received 99.99% votes in favour (6,985,969 votes) with only 4 votes against each. The voting participation was 65.78% of total outstanding shares (6,986,973 out of 10,620,275 shares). The Scrutinizer, Mr. Malay Desai of M/s. Malay Desai & Associates, certified the results on May 21, 2026.
All resolutions passed with near-unanimous approval, indicating strong shareholder confidence. The board composition remains stable with Mr. Singhvi continuing as Independent Director despite exceeding the age threshold, and Mrs. Patel being formally regularized as an Independent Director. This is a routine governance update with no immediate material impact on stock price.