Details of Results of Postal Ballot under Regulation 44(3) of SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015
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Nalwa Sons Investments Limited announced the results of a postal ballot conducted between December 11, 2025 and January 9, 2026, with results declared on January 10, 2026. Two special resolutions were put to shareholders: re-appointment of Mr. Kanwaljit Singh Thind (DIN: 06969654) and Mrs. Shruti Shrivastava (DIN: 08697973) as Independent Directors for a second consecutive 5-year term. Both resolutions were passed with the required majority. Of the 51,36,163 total outstanding shares, 38,73,653 valid votes were polled (75.42% participation), with 79.26% voting in favour and 20.74% against for each resolution. Promoters voted 100% in favour, while public institutional shareholders supported the resolutions with 87.87% in favour, but public non-institutional shareholders overwhelmingly opposed them with 99.80% voting against.
Both independent director re-appointments have been approved, ensuring board continuity. However, the significant dissent from public non-institutional shareholders (about 99.8% voted against) may reflect minority investor concerns and could be worth monitoring for governance signals, though it did not affect the outcome given promoters' full support.