PGELBSEPG Electroplast LtdMediumNeutral
Announced Mon, 4 May · 14:49 IST

Scrutinizer Report for Postal Ballot.

Board & Shareholder Meetings View source PDF

PGEL · price

Loading chart…

▲ 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
₹535.50
prior close
₹531.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.1+0.1+0.2-0.8+2.0+0.1-1.0-4.8-7.3-11.6-7.7+6.9
Up moveDown movePending
AI summary

PG Electroplast Limited announced the results of its postal ballot conducted between April 1-30, 2026. Two special resolutions were passed: (1) Re-appointment of Mr. Ram Dayal Modi as Independent Director with continuation of his directorship after attaining 75 years of age, approved by 99.61% of votes (2.05 crore votes in favor out of 2.06 crore polled); and (2) Re-appointment of Mrs. Ruchika Bansal as Independent Director, approved by 92.68% of votes (1.91 crore in favor out of 2.06 crore polled). The voting participation was 72.09% of total shares (28.53 crore total shares). Both resolutions received overwhelming shareholder support with minimal opposition.

Likely market impact

Both independent director appointments were approved with strong shareholder backing. The continuation of Mr. Ram Dayal Modi beyond age 75 required a special resolution and was passed with near-unanimous approval, indicating confidence in his governance. Mrs. Bansal's appointment also passed with ~93% approval.