MOLNSEMeghmani Organics LimitedMediumNeutral
Announced Sat, 18 Apr · 14:36 IST

Meghmani Organics Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.

Board & Shareholder Meetings View source PDF

MOL · price

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▲ 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
+3.5%1-day move
₹53.80
prior close
₹53.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.6-0.9-2.6+3.5+0.5-0.6-2.5-1.5-6.5-0.1-8.9-5.0-4.6
Up moveDown movePending
AI summary

Meghmani Organics Limited conducted a postal ballot to reappoint three Independent Directors for second terms of three years each, commencing May 5, 2026. All three special resolutions were passed with overwhelming shareholder support: Mr. Manubhai Patel received 97.45% votes in favor, Prof. (Dr) Ganapati Yadav received 99.94% votes in favor, and Ms. Urvashi Shah received 97.45% votes in favor. The remote e-voting took place from March 19 to April 17, 2026, with approximately 88.6 million votes cast representing about 34.86% of total outstanding shares. A scrutinizer from K.J. Shah & Company verified the results.

Likely market impact

The reappointment of these independent directors ensures continuity in the company's board governance. This is a routine compliance matter with no material impact expected on the stock price.