Orbit Exports Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report.
ORBTEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orbit Exports conducted a postal ballot via remote e-voting (February 18 to March 19, 2026) for two special resolutions, both passed with overwhelming shareholder approval at 99.99% in favor. The first resolution appointed Mr. Aditya Jain (DIN: 11489453) as an Independent Director, and the second appointed Mr. Parth Seth (DIN: 07684397) as an Executive Director. Out of 10,194 shareholders on record, valid votes of 2,17,89,821 were polled, representing 82.19% of the 2,65,11,152 outstanding shares. Promoter group voted 100% in favor on both resolutions, and only 2,445 votes (0.0112%) were cast against. BMP & Co. LLP acted as the scrutinizer and confirmed the resolutions were passed with the requisite majority.
Routine corporate governance update with near-unanimous shareholder support, so minimal share-price impact is expected. The appointment of Mr. Parth Seth reinforces promoter-family involvement in the company's management, as he is the son of Managing Director Pankaj Seth and Whole-Time Director Anisha Seth.