MINDTECKNSEMindteck (India) LimitedMediumNeutral
Announced Tue, 17 Mar · 17:59 IST

Mindteck (India) Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

MINDTECK · 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
+2.9%1-day move
₹175.00
prior close
₹173.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.1+2.2+2.2+2.9-2.4-7.5-8.2-5.1-16.9+4.1+17.5+17.1+19.5
Up moveDown movePending
AI summary

Mindteck (India) Limited conducted a Postal Ballot via e-voting, with the last date of voting being March 17, 2026. Only one ordinary resolution was put to vote — to approve a Related Party Transaction concerning the appointment of Mr. Karim Dhanani as Chief Executive Officer of Mindteck, Inc., a wholly owned US subsidiary. Out of 23,271,322 total shares polled (100% of outstanding), 23,270,784 votes (99.9977%) were cast in favour and just 538 votes (0.0023%) against. Promoters voted unanimously in favour with 20,514,505 shares. The resolution has been deemed approved and passed, as confirmed by the Scrutinizer's report from Gopalakrishnaraj H H & Associates.

Likely market impact

The appointment of Mr. Karim Dhanani as CEO of the US subsidiary Mindteck, Inc. has received near-unanimous shareholder approval, indicating strong confidence in the leadership change. Shareholders should note this is a related party transaction, so regulatory and governance scrutiny was built into the process.