Submission of Postal Ballot voting results and Scrutinizers Report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Market Creators Ltd conducted a postal ballot via remote e-voting from February 6 to March 7, 2026, on two resolutions. Resolution 1 was the appointment of Ms. Vaishali Kalpesh Shah (DIN: 11414073) as a Non-Independent Director (Ordinary Resolution). Resolution 2 was her appointment as Whole Time Director designated as Executive Director, along with approval of her remuneration (Special Resolution). Out of 4,390 shareholders holding 50,00,000 total shares, only 19 members participated, casting 14,79,954 votes (29.60% of outstanding shares). Both resolutions passed with 99.90% votes in favour and just 0.10% against (1,503 dissenting votes, all from public non-institutional shareholders). Promoter group voted 100% in favour. The scrutinizer M/s. MRNP & Co LLP confirmed the results as fair and transparent.
This is a routine governance filing confirming board reconstitution with a new executive director. Strong shareholder approval (99.90%) signals broad support, though low turnout (29.60%) and the related-party nature of the appointment (promoter group interested) are worth noting. No material financial or strategic impact for retail investors.