Announced Mon, 6 Jul · 11:42 IST

Postal Ballot Results: Ajay Shah named Director and MD/CEO for 5 years

Board & Shareholder Meetings View source PDF

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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

-2.5%1-day move

₹1190.00

prior close

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AI summary

Postal ballot of MKVentures Capital (June 5 to July 4, 2026) approved two ordinary resolutions. Mr. Ajay Popatlal Shah (DIN: 11403884) appointed as Director and as Managing Director and CEO for 5 years (May 28, 2026 to May 27, 2031). Of 3,843,450 total shares, 2,862,899 votes polled (74.49%); 99.99% in favour, 303 votes against. Both resolutions passed.

Likely market impact

Shareholders approved Mr. Ajay Shah as Director and MD/CEO for 5 years with 99.99% support; only 303 votes against.