Mukand Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
MUKANDLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mukand Limited's shareholders approved all 5 resolutions through a postal ballot conducted via e-voting from February 20 to March 21, 2026. Three special resolutions were passed with 99.99% support: re-appointment of Niraj Bajaj as Chairman and Managing Director, approval of his remuneration, and re-appointment of Nirav Bajaj as Whole-Time Director along with his remuneration. Two ordinary resolutions approving material related party transactions for FY 2026-27 and for its wholly-owned subsidiary Mukand Heavy Engineering Limited were passed with 99.45% support. Voter turnout was 77.16% on the director-related resolutions; the promoter group (holding about 74.7% stake) abstained from voting on the related party transaction resolutions as they are interested parties.
Routine governance outcome with no negative implications. The Bajaj promoter family continues to lead the company with overwhelming shareholder backing, and the related party transaction approvals allow the company to transact with group entities during the next fiscal year. Investors are unlikely to see any meaningful stock price reaction from this filing.