Please find the attached outcome of the Postal Ballot e-voting and Scrutinizer report.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nicco Parks & Resorts Ltd conducted a postal ballot via remote e-voting (March 19 – April 17, 2026) and all three ordinary resolutions were passed with overwhelming majority (over 99.97% in favour on each). Resolution 1 appoints Mr. Barun Kumar Ray, IAS as Nominee Director, designated as Chairman representing the Government of West Bengal's Tourism Department. Resolutions 2 and 3 appoint Mr. Rahul Mitra as Director and as Managing Director & CEO for a three-year term from January 27, 2026 to January 26, 2029. Promoter and promoter group, holding 50.007% of shares, voted 100% in favour of all resolutions. The total share capital is 4.68 crore shares with 10,534 shareholders on record date (March 13, 2026).
Routine governance outcome with strong shareholder support — leadership at the top is formalized with a new government-nominee Chairman and a three-year MD & CEO appointment. No material financial impact on shareholders; this is procedural and was widely supported by both promoters and public shareholders.