PCBL Chemical Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results w.r.t Appointment of Ms. Sneh Lata (DIN: 11628402) as a Non-Executive Independent Woman Director of the Company
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PCBL Chemical Limited has announced the results of a postal ballot for appointing Ms. Sneh Lata as a Non-Executive Independent Woman Director. The special resolution was passed with overwhelming shareholder approval of 94.21% in favor (246.27 million votes) against 5.79% against (15.14 million votes). The promoter group voted 100% in favor, while public institutional investors showed 70.30% in favor. The appointment complies with SEBI regulations requiring at least one woman independent director on the board.
This appointment strengthens board governance and diversity at PCBL Chemical. Shareholders can view this positively as it ensures regulatory compliance while the large majority approval indicates strong institutional confidence in the new director.