Announced Thu, 5 Mar · 16:30 IST

N. B. I. Industrial Finance Company Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot

Board & Shareholder Meetings View source PDF

NBIFIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

N. B. I. Industrial Finance Company Limited has submitted the Scrutinizer's Report on the Postal Ballot conducted via remote e-voting from February 24 to March 4, 2026. Three resolutions were put to vote, and all were passed with overwhelming shareholder approval (approximately 99.97% in favor). Resolution 1 (Special) approved an amendment to the Object Clause with 21,269,001 votes in favor. Resolution 2 (Special) appointed Mr. Mohit Bangur (DIN: 00249279) as Additional Executive Non-Independent Director with 21,269,002 votes in favor. Resolution 3 (Ordinary) appointed Mrs. Preeti Bangur (DIN: 00610382) as Non-Executive Non-Independent Director with 21,269,005 votes in favor. Voting was conducted electronically through CDSL, with negligible dissent across all resolutions.

Likely market impact

All three resolutions passed decisively with near-unanimous shareholder support, including the appointment of two directors (Mohit Bangur and Preeti Bangur) and an amendment to the company's object clause. Strong approval suggests shareholder confidence in management's direction; minimal short-term stock price impact expected as outcomes were widely anticipated.