Announced Mon, 27 Jul · 21:02 IST
Postal ballot results: MD remuneration and new director appointment approved
Board & Shareholder Meetings View source PDF
MAXESTATES · price
▲ 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
—1-day move
₹396.00
prior close
₹396.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6——-0.5——————————
Up moveDown movePending
AI summary
Max Estates shareholders approved both resolutions via postal ballot e-voting. Remuneration for Vice-Chairman and Managing Director Sahil Vachani for the remaining period of his current tenure passed with 86.71 percent in favor. Appointment of Jillian Leigh Moo-Young as Non-Executive, Non-Independent Director passed with 98.47 percent in favor. Promoters voted fully in favor of both resolutions. Voting ran from June 26 to July 25, 2026.
Likely market impact
MD pay locked in for current tenure. New board member appointed. Both resolutions passed with strong majority support.