NEAGIBSENeelamalai Agro Industries LtdMediumNeutral
Announced Tue, 20 May · 13:39 IST

Voting Results of Postal Ballot under Regulation 44(3) of SEBI (LODR) Regulations 2015 alongwith Scrutinizer''s Report

Management Changes View source PDF

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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

Neelamalai Agro Industries announced the results of a postal ballot conducted for two special resolutions regarding the re-appointment of Independent Directors. Resolution 1 was for re-appointing Mr. M. Meyyappan (DIN: 00836979) as Non-Executive Independent Director for a second term from April 1, 2025 to June 30, 2028. Resolution 2 was for re-appointing Mrs. Kavitha Vijay (DIN: 01047261) as Non-Executive Independent Woman Director for a second term from June 30, 2025 to June 29, 2030. Both resolutions were passed with overwhelming shareholder approval, with 4,53,150 shares (99.99%) voting in favor and only 2 shares (0.01%) voting against each resolution, out of 4,53,152 valid votes. The e-voting was conducted from April 18 to May 17, 2025, with Mr. V. Suresh, Practising Company Secretary, acting as the Scrutinizer.

Likely market impact

This is a routine procedural filing confirming that both Independent Directors have been successfully re-appointed for their second terms. With near-unanimous approval (99.99% in favor), there is no material impact on the stock price or shareholder value, and the company's board composition remains unchanged.