Announced Sat, 31 Jan · 16:38 IST

Please find the attached outcome of the Postal Ballot e-voting and Scrutinizer 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

Nicco Parks & Resorts announced the results of its Postal Ballot (e-voting period: January 1-30, 2026), with both resolutions passed by shareholders. Resolution 1 approved the appointment of Mr. Abhishek Kumar Tiwary, IAS (DIN: 11250469) as a Nominee Director representing West Bengal Tourism Development Corporation Limited — an Ordinary Resolution passed with 99.99% votes in favor. Resolution 2 approved the re-appointment of Mr. Vijay Dewan (DIN: 00051164) as an Independent Director for a second 5-year term (February 12, 2026 to February 11, 2031) — a Special Resolution passed with 99.97% votes in favor. Of the 10,439 total shareholders, 9,384,197 votes were polled (20.05% turnout), with the promoter group voting unanimously in favor of both resolutions. The Scrutinizer, P.V. Subramanian (Company Secretary in Practice), confirmed the results.

Likely market impact

Routine governance outcome with strong shareholder support — the government nominee (representing WBTDC) joins the board and an existing Independent Director gets a renewed 5-year term. No material impact on share price expected as both resolutions passed with near-unanimous approval.