Announced Fri, 27 Mar · 19:06 IST

Details of voting results of the Postal Ballot in respect of the resolutions contained in Notice dated February 11, 2026 together with Scrutinizer''s report on e-voting.

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.

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AI summary

Odyssey Technologies Limited conducted a postal ballot (e-voting from Feb 25 to Mar 26, 2026) seeking shareholder approval for two special resolutions. Both resolutions were passed with overwhelming majority of 98.43% in favour and just 1.57% against. The first resolution re-appoints Mr. B. Robert Raja as Chairman and Managing Director for three years (April 1, 2026 to March 31, 2029). The second resolution re-appoints Mr. B. Antony Raja as Whole-time Director and CFO for the same three-year period. Out of 15,904,875 total outstanding shares, only about 1,617,410 shares (10.17%) were polled by public shareholders. Promoter group votes of 8,674,152 shares were declared invalid as they are interested parties in the resolutions. The scrutinizer, Mr. A. Mohan Kumar (Practicing Company Secretary), confirmed the results on March 27, 2026.

Likely market impact

Continuity at the top management is confirmed for the next three years with both the CMD and CFO retaining their positions, providing stability for shareholders. The strong approval (>98%) shows solid shareholder confidence in the existing leadership. Low voter turnout (10.17% of outstanding shares polled by public) is typical for routine re-appointments and unlikely to move the stock price meaningfully.