Announced Wed, 17 Jun · 18:05 IST

Postal Ballot Results: Independent Director and Statutory Auditor Approved

Board & Shareholder Meetings View source PDF

Price

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▲ 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
-4.3%1-day move
₹36.63
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.3-2.8-6.4-7.2-6.8-7.6-5.9-6.1
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AI summary

Piccadily Sugar & Allied Industries conducted a postal ballot via e-voting from 19 May to 17 June 2026 (cut-off date 15 May 2026). Two resolutions were passed with overwhelming majority. Resolution 1 (Special): Appointment of Ms. Renu Rawat (DIN 08161739) as Independent Director for 5 years passed with 99.9997 percent in favor. Resolution 2 (Ordinary): Appointment of Statutory Auditors to fill casual vacancy passed with 17,441,046 shares (99.9997 percent) in favor and 36 shares against.

Likely market impact

Both resolutions cleared with near-unanimous shareholder support; new Independent Director joins the Board and Statutory Auditors are appointed.