Maharashtra Scooters Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
MAHSCOOTER · price
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Maharashtra Scooters Limited has submitted the voting results of a postal ballot conducted between 3 June 2025 and 2 July 2025. The single resolution was to continue Sanjivnayan Rahulkumar Bajaj (DIN: 00014615) as a Non-Executive, Non-Independent Director beyond 19 July 2025. Of the 199 shareholders who voted (representing 7,228,064 shares), 99.53% voted in favour of the resolution, 0.47% voted against, and 0.003% abstained. The scrutiniser, Shyamprasad D Limaye, has confirmed the resolution was passed with the requisite majority.
This is a routine corporate governance matter with no material impact on the business or shareholders. The overwhelming approval (over 99%) reflects strong shareholder support for board continuity, and the resolution was passed well beyond the required majority threshold.