Announced Mon, 29 Jun · 18:36 IST

Postal ballot results: 6 ESOP resolutions approved with strong majority

Board & Shareholder Meetings View source PDF

KISSHT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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+1.9%1-day move
₹274.95
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₹274.20
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AI summary

Six special resolutions to amend and ratify Kissht Employee Stock Option Plans for 2019, 2021 and 2022, and to extend grants to employees of group, subsidiary and associate companies, were approved by shareholders via postal ballot. E-voting ran from May 29 to June 27, 2026. Each resolution passed with between 88.42 percent and 90.38 percent support, while votes against ranged from 9.62 percent to 11.58 percent. No invalid votes were recorded.

Likely market impact

ESOP plans for 2019, 2021 and 2022 ratified and broadened, allowing more stock options to be granted across the group. Mild future equity dilution possible.