Niva Bupa Health Insurance Company Limited has submitted the Exchange a copy Scrutinizer's report of Postal Ballot concluded on March 26, 2026, being the last date of E-voting.
NIVABUPA · price
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Niva Bupa Health Insurance Company Limited has announced the results of its Postal Ballot concluded on March 26, 2026, conducted via remote e-voting. Two ordinary resolutions were approved with overwhelming shareholder support of 99.99% each. The first resolution appoints Mr. Roger William John Davis (DIN: 11417248) as a Non-Executive Director, with 1,56,61,03,146 votes cast in favor out of 1,56,61,13,077 total valid votes (426 voters in favor, 31 against). The second resolution approves a revision in remuneration for Mr. Krishnan Ramachandran (DIN: 08719264), Managing Director and CEO, for the financial year 2025-26, with 1,56,60,87,510 votes in favor out of 1,56,61,12,697 valid votes (414 voters in favor, 41 against). Both resolutions were passed with the requisite majority as confirmed by the Scrutinizer, CS Ranjeet Pandey of M/s Ranjeet Pandey & Associates.
This is a routine corporate governance announcement confirming shareholder approval of a new board appointment and CEO pay revision. The near-unanimous support (99.99%) on both resolutions reflects strong investor confidence and is unlikely to have a material impact on the stock price.