Results of Postal Ballot and scrutinizer report
PATELENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Patel Engineering Ltd has announced the results of its postal ballot held between April 21 and May 20, 2026, in which shareholders approved two resolutions. First, Ms. Sudha Navandar was appointed as an Independent Director with 99.88% votes in favour (33.87 crore votes in favour out of 33.91 crore votes polled). Second, Ms. Jana Chatra was appointed as an Independent Director with 99.90% votes in favour (33.88 crore votes in favour out of 33.91 crore votes polled). The overall voting participation was approximately 34.18% of total shares (99.21 crore). Promoters holding 31.23 crore shares voted entirely in favour of both resolutions. No promoter or promoter group persons were interested in either resolution. The scrutinizer, Makarand M. Joshi & Co, confirmed the results on May 21, 2026.
Both independent director appointments were approved with near-unanimous shareholder support, indicating strong institutional backing. This is a routine governance update with no immediate share price impact expected.