Postal Ballot - Outcome of Postal Ballot.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modulex Construction Technologies announced the results of a postal ballot conducted from 14th February to 15th March 2026. The single resolution was to approve the change in designation of Mr. Jayesh Sheth (DIN: 03506031) as Joint Managing Director of the company. Out of 1,80,43,941 valid votes polled (about 26% of outstanding shares), an overwhelming 99.9971% voted in favour with only 527 votes against. Promoter and promoter group voted 100% in favour with their entire holding of 1,56,50,141 shares. The scrutinizer Dharmesh Zaveri confirmed the special resolution was passed by requisite majority.
The change in designation of Mr. Jayesh Sheth to Joint Managing Director is a routine board-level restructuring that was overwhelmingly approved by shareholders, suggesting strong support for the current management structure with no notable governance concerns from the voting outcome.