Postal ballot results: Independent Director appointment approved with 99.99% votes

Board & Shareholder Meetings View source PDF

PARKHOTELS · 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

₹119.99

prior close

₹120.20

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AI summary

Apeejay Surrendra Park Hotels announced voting results of a postal ballot for appointing Mr. Raveesh Kumar Bhatia as Independent Director. Of 21.33 crore total shares, 17.22 crore valid votes were cast (80.72% participation). The special resolution passed with 99.99% votes in favour (17,22,26,345) and only 12,977 votes against (0.0075%). Promoters and institutional public voted 100% in favour. E-voting ran from May 15 to June 13, 2026.

Likely market impact

Routine governance matter. Overwhelming shareholder approval with near-unanimous support signals strong confidence in board composition.