Orbit Exports Limited has informed the Exchange regarding Proceedings of Postal Ballot
ORBTEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orbit Exports Limited has announced the results of its postal ballot conducted via remote e-voting between February 18 and March 19, 2026. Two special resolutions were put to shareholders: (1) the appointment of Mr. Aditya Jain (DIN: 11489453) as an Independent Director for a 5-year term from January 30, 2026 to January 29, 2031, and (2) the appointment of Mr. Parth Seth (DIN: 07684397) as Executive Director & Chief Executive Officer for 5 years effective January 30, 2026. Both resolutions were passed with overwhelming shareholder approval, receiving 99.9888% votes in favour (21,787,376 votes from 63 members). Only 4 members voted against with just 2,445 votes (0.0112%). There were no invalid or abstained votes. The results were declared on March 20, 2026, and signed by CFO Rahul Tiwari.
Both resolutions passed with near-unanimous support, indicating strong shareholder confidence in the company's new leadership appointments. This is a routine corporate governance update and is unlikely to have any material impact on the stock price, though it formalises the new CEO and Independent Director roles within the company.