Announced Wed, 25 Mar · 17:10 IST

Outcome of Postal Ballot

Management Changes View source PDF

Price

Loading chart…

▲ 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
+11.7%1-day move
₹40.52
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+11.7+9.8+12.3+18.1+17.6+8.6+11.1+30.3+4.8+0.9
Up moveDown movePending
AI summary

My Money Securities Ltd announced the results of its Postal Ballot concluded on March 23, 2026. Two special resolutions were passed by members: (1) Appointment of Mr. Rakesh (DIN: 11331598) as an Independent Director of the Company, approved unanimously with 100% votes in favour (1,41,48,956 shares), and (2) Material modification to related party transactions with the late promoter Mr. Govind Narain Seth regarding a lease and rent deposit agreement, approved with 99.91% votes in favour (35,61,106 shares in favour vs 3,000 against). Promoters did not vote on Resolution 2 as they were deemed interested. The Scrutinizer was Sarika Jain of Sarika Jain & Associates, and Sanjai Seth signed as Whole Time Director & CFO.

Likely market impact

Routine governance event with no negative implications. A new independent director has been added to strengthen the board, and a legacy related party transaction involving a deceased promoter has been formally regularised. Unlikely to move the stock price significantly.