BSEPee Cee Cosma Sope LtdMediumNeutral
Announced Sat, 21 Jun · 20:11 IST

OUTCOME OF POSTAL BALLOT CONDUCTED FOR APPOINTMENT OF MR. MAYANK JAIN AS WHOLETIME DIRECTOR

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pee Cee Cosma Sope Ltd conducted a postal ballot via remote e-voting from May 22 to June 20, 2025, seeking shareholder approval for the re-appointment of Mr. Mayank Jain (DIN: 00112947) as Whole-time Director. Out of 2,646,250 outstanding shares, 1,841,954 votes (69.61%) were polled. The resolution passed with overwhelming support — 99.9993% of votes in favour (only 12 votes against). Promoter and promoter group, holding 19,20,626 shares, voted 100% in favour. The result was declared on June 21, 2025, by the scrutinizer R&D Company Secretaries, confirming the special resolution was passed with requisite majority.

Likely market impact

Mr. Mayank Jain's continuation as Whole-time Director is confirmed, providing leadership stability. The near-unanimous promoter support and high public approval indicate strong shareholder confidence, with negligible dissent likely to have any material impact on the stock.