Outcome of Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 10.9 pts more than Nifty Microcap 250 and 11.6 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.
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.