Voting results and Scrutinizer''s Report on the Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nalin Lease Finance Ltd concluded a postal ballot (e-voting from 15 March to 13 April 2025) and all three special resolutions were passed with requisite majority. Resolution 1 approved the appointment of Shri Samsad Alam Khan as Independent Non-Executive Director, with 5,287,103 votes (100%) in favour, representing 80.62% of outstanding shares polled. Resolution 2 approved the re-appointment of Shri Dilipkumar Nalinkant Gandhi as Chairman and Whole-Time Director, with 100% of votes polled in favour (650,063 votes, 9.91% of outstanding shares). Resolution 3 approved the re-appointment of Shri Harsh Dilipkumar Gandhi as Managing Director, also with 100% votes in favour (650,063 votes, 9.91% of outstanding shares). Promoters abstained from voting on resolutions 2 and 3 where they were interested. Total shareholders on record date (7 March 2025) were 3,542.
All three resolutions passed cleanly with 100% in-favour votes, confirming board continuity and addition of a new independent director. Low voter turnout on promoter-related resolutions (~9.9% polled) is normal as promoters recused themselves, so this has no negative implication for shareholders.