Announced Mon, 27 Jul · 21:10 IST
Postal Ballot: Vachani pay approved, Moo-Young joins board
Board & Shareholder Meetings View source PDF
MAXESTATES · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Max Estates shareholders approved two resolutions via postal ballot (remote e-voting from June 26 to July 25, 2026). About 86.71 percent voted in favour of paying remuneration to Vice Chairman and MD Sahil Vachani for the rest of his tenure, with 13.29 percent dissenting (driven mostly by public institutions at 59.57 percent against). About 98.47 percent approved appointing Jillian Leigh Moo-Young as Non Executive, Non Independent Director.
Likely market impact
Sahil Vachani's pay is locked in for his remaining tenure as MD. Moo-Young's board appointment is now confirmed.