NUCLEUSNSENucleus Software Exports Limited· Computers - SoftwareMediumNeutral
Announced Fri, 8 May · 17:31 IST

Nucleus Software Exports Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

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NUCLEUS · price

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▲ 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
-0.8%1-day move
₹816.50
prior close
₹816.90
base price
After-mkt
timing
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-1.7-1.1-1.2-1.6-0.8-3.0-3.6-4.2-5.6-3.0-10.0-8.1-6.0
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AI summary

Nucleus Software Exports Limited has announced the results of its Postal Ballot completed on May 7, 2026, with all 6 resolutions passed by shareholders. The key resolutions include: (1) Re-appointment of Mr. Parag Bhise as Whole Time Director & CEO with approval to pay remuneration in case of profit inadequacy, passing with 93.99% votes in favour (public institutions voted 71.53% against); (2) Appointment of Dr. Nitin R Gokarn as Independent Director, nearly unanimous at 99.997% in favour; and (3-6) Four resolutions approving the Nucleus Software RSU Scheme-2026, including grants to subsidiary employees, secondary acquisition by an equity incentive trust, and provision of a loan by the company to fund the trust's share purchases. The overall voting participation was 60.60% of total shares. Public institutions showed significant dissent on the RSU-related resolutions (71.53% against), though all passed due to strong promoter support.

Likely market impact

Shareholders have approved the continuation of current leadership under CEO Parag Bhise and a new independent director. The RSU scheme signals a focus on employee retention through equity incentives, though institutional investors showed concern on related resolutions. No immediate share price impact is expected from routine governance approvals.