Announced Fri, 19 Jun · 16:53 IST
NIBE Limited appoints Independent Director via Postal Ballot, 99.99% approval
Management Changes View source PDF
NIBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹1814.30
prior close
₹1815.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-0.5-0.3+0.4-3.0-5.9-7.2-9.5-8.0-8.7-12.1-15.4——
Up moveDown movePending
AI summary
NIBE Limited shareholders approved the appointment of Mr. Rajagopalan Madhavan (DIN 08209860) as Independent Director through postal ballot with 99.99 percent votes in favour. Out of about 81.59 lakh shares polled, only 196 shares voted against. The special resolution was passed with requisite majority. Remote e-voting ran from May 20 to June 18, 2026, with 43,182 shareholders on record. Scrutinizer was Mr. Gaurav Thakur, Cost Accountant.
Likely market impact
Routine independent director addition with overwhelming shareholder support. No material impact expected on stock price.