Announced Wed, 17 Jun · 18:07 IST
Postal ballot results: New auditor and independent director appointed
Price
▲ 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——
Up moveDown movePending
AI summary
Piccadily Sugar shareholders approved two resolutions via postal ballot with 75 percent turnout and over 99.99 percent approval. Resolution 1 appointed Ms. Renu Rawat (DIN: 08161739) as Independent Director for five years. Resolution 2 appointed Statutory Auditors to fill a casual vacancy, suggesting the previous auditor resigned mid-term. Both resolutions passed with near-unanimous support.
Likely market impact
Auditor casual vacancy suggests previous auditor resigned mid-term. New independent director joins board. Both passed with near-unanimous support.