Voting Results and Scrutinizer''s Report on Postal Ballot
MAXHEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Max Healthcare Institute Limited held a postal ballot for re-appointing Mr. Narayan K. Seshadri as Non-Executive and Non-Independent Director. The resolution was passed as an ordinary resolution with 91.07% votes in favor (79.71 crore votes) against 8.93% against (7.82 crore votes). Total voter turnout was 89.95% of outstanding shares (87.54 crore out of 97.32 crore). Promoter group voted 100% in favor, while institutional investors had 87.79% in favor and public non-institutional shareholders showed 99.94% in favor. The remote e-voting took place from April 12 to May 11, 2026, and the resolution was deemed passed on May 11, 2026. DPV & Associates LLP acted as scrutinizer.
This is a routine governance matter for shareholder approval of director re-appointment with strong shareholder mandate. The high approval rate indicates confidence in the director's continued association with the company. No adverse impact on stock expected.