Mangalam Cement Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
MANGLMCEM · price
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Mangalam Cement has announced the results of its postal ballot conducted under SEBI Listing Regulations. Two resolutions were put to vote: (1) appointment of Shri Yaswant Mishra (DIN: 00305109) as Director (Ordinary Resolution), and (2) his appointment as Executive Director (Special Resolution). Both resolutions were passed with overwhelming shareholder approval, securing about 98.97% votes in favour on a total of 1.47 crore shares polled (53.4% of outstanding shares). Promoters voted 100% in favour, public institutional investors backed the resolutions with 88.6% support, and public non-institutional shareholders approved with 99.9% support. The scrutinizer, Mr. Akshit Kumar Jangid (Practicing Company Secretary), confirmed the resolutions stand passed with the requisite majority, and the results are deemed effective from 1st May 2025.
This confirms Yaswant Mishra's elevation to Executive Director at Mangalam Cement, signalling a leadership strengthening at the company. With near-unanimous shareholder backing, the appointment faces no governance controversy and should be viewed as a routine but meaningful board-level change.