Pidilite Industries Limited has informed the Exchange with copy of minutes of Postal Ballot
PIDILITIND · price
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Pidilite Industries has filed the minutes of a postal ballot conducted via remote e-voting, in which shareholders approved the appointment of Dr. Naushad Forbes (DIN: 00630825) as an Independent Director. The voting took place between February 11, 2026 and March 12, 2026, with the resolution declared passed on March 12, 2026. Dr. Forbes will serve a first term of 5 consecutive years, from January 21, 2026 to January 20, 2031, and will not be liable to retire by rotation. Shareholders overwhelmingly backed the appointment, with 98.40% of votes cast in favour (87,41,30,078 shares) and only 1.60% against (1,41,71,880 shares), with no invalid votes recorded. The resolution was passed as a Special Resolution with the requisite majority.
This is a routine corporate governance filing confirming shareholder approval for an independent director appointment. The very high approval margin (over 98%) reflects strong shareholder consensus and is unlikely to have any material impact on the stock price. It reinforces board independence and governance quality at the company.