Outcome of Postal Ballot.
PGEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PG Electroplast Limited has declared results of its Postal Ballot held via remote e-voting from April 1-30, 2026. Two resolutions were passed: (1) Re-appointment of Mr. Ram Dayal Modi as Independent Director with continuation of his directorship after age 75, passed with 99.61% shareholder approval (Special Resolution); (2) Re-appointment of Mrs. Ruchika Bansal as Independent Director, passed with 92.68% approval. Total voting participation was 72.09% of 285.3 million shares. Notably, institutional investors voted significantly against Resolution 2, with 18.84% voting against. Promoter group voted 100% in favour of both resolutions. Scrutinizer Puja Mishra & Co. confirmed valid results.
Both director re-appointments approved; strong promoter backing offsets institutional resistance on Mrs. Bansal's appointment. No immediate stock impact expected as routine governance matter.