Announced Wed, 17 Jun · 14:25 IST
EGM voting results: All 3 director resolutions approved by over 99.98%
Board & Shareholder Meetings View source PDF
Price
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+4.1%1-day move
₹2.44
prior close
₹2.35
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AI summary
Mohite Industries EGM was originally scheduled for June 8, 2026 but adjourned due to lack of quorum. The adjourned EGM was held on June 15, 2026. Three special resolutions were passed with over 99.98% approval: (1) regularize Mr. Sangramsinh Nimbalkar, (2) reappoint Mr. Bhushan Deshpande, and (3) reappoint Mr. Nikhil Nawandhar, all as Non-Executive Independent Directors. Out of 16.09 crore shares voted (80% of total), only 21,430 votes were against.
Likely market impact
Routine corporate governance outcome. All three independent director appointments approved with near-unanimous support. No material impact on shareholders.