Pix Transmissions Limited has informed the Exchange regarding voting results of Postal Ballot
PIXTRANS · price
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Pix Transmissions Limited announced the results of its Postal Ballot conducted through remote e-voting (ended March 30, 2026). Shareholders approved three special resolutions with overwhelming majorities. First, Mr. Rishipal Sethi was re-appointed as Joint Managing Director for 3 years starting April 1, 2026, with 86.3% votes in favor. Second, Ms. Shirley Paul was re-appointed as Whole Time Director for 3 years starting July 10, 2026, with an exceptional 97.8% approval. Third, the terms of Mr. Amarpal Sethi as Chairman & Managing Director were amended to make his position not liable to retire by rotation, passing with 88.3% in favor. Related Party votes were excluded from all three resolutions as per regulations.
All three resolutions passed with strong shareholder support, indicating confidence in the current leadership team. The continuation of key directors ensures stability in company management. Making the CMD's position non-rotational provides longer-term stability in leadership but reduces periodic shareholder oversight on that position.