MHLXMIRUNSEMahalaxmi Rubtech LimitedLowNeutral
Announced Thu, 21 May · 18:26 IST

Mahalaxmi Rubtech Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

MHLXMIRU · price

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▲ 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
+3.5%1-day move
₹172.00
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base price
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+3.5+4.6+3.6+4.1+4.2+4.6-1.7-11.6-20.4
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AI summary

Mahalaxmi Rubtech Limited has disclosed the results of its postal ballot voting conducted between April 21 and May 20, 2026. Shareholders approved all 3 special resolutions with near-unanimous support (~99.99% in favour, with only 4 votes against each resolution). The resolutions included: (1) re-appointment of Mr. Balveermal Kewalmal Singhvi as Non-Executive Independent Director, (2) continuation of his directorship beyond the age of 75 years, and (3) regularisation of Mrs. Renukaben Patel as Non-Executive Independent Director. The scrutinizer was M/s. Malay Desai & Associates. Of 5,764 registered shareholders, 65.78% of total shares (69,85,973 out of 1,06,20,275) participated in voting, with the promoter group accounting for nearly all votes.

Likely market impact

Routine governance update with no material impact on the stock. All director appointments approved as expected, with near-unanimous shareholder support indicating stable board composition.