Postal Ballot Approves Appointment of Independent Director Dr. Rohini Tiwari

Board & Shareholder Meetings View source PDF Explain this filing

MANORAMA · price

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Price reactionminutes from the announcement price · days from the prior close

-3.6%Reaction day

₹1796.60

prior close

₹1787.90

announcement price

After-mkt

timing

Nifty Microcap 250market-2.6%-1.0% vs market

Other Food Products peers, median of 24sector-1.4%-2.2% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 2.2 pts less than its Other Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-2.6

15m

-4.0

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.6-2.6-1.0-1.4-2.2

Next day

-3.2-3.6+0.4-3.3+0.1

-1.8-5.8+4.1-5.7+4.0

-1.3-5.5+4.2-6.0+4.7

+2.1-3.8+6.0-4.5+6.6

+0.4pendingpending-4.0+4.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Manorama Industries Limited announced the results of its postal ballot for the appointment of Dr. Rohini Tiwari (DIN: 11924749) as a Non-Executive Independent Director. Of 41,033 shareholders on record, remote e-voting ran from September 19 to October 18, 2026. Out of 42,789,292 votes polled (67.79 percent of outstanding shares), 42,789,023 votes (99.9994 percent) were in favour and only 269 votes were against. The special resolution was passed with near-unanimous shareholder support.

Likely market impact

New independent director joins the board with overwhelming shareholder backing, reinforcing governance and independent oversight.