Announced Wed, 29 Oct · 18:31 IST

Outcome of Postal Ballot enclosed herewith

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

PNGS Gargi Fashion Jewellery Ltd announced on October 29, 2025 the result of its Postal Ballot for one special resolution. The resolution was to re-appoint Mr. Prasad Prabhakar Ghodke as Manager of the company and fix his remuneration. Of the 10,357,803 outstanding shares, 7,095,414 votes (68.50%) were polled, and every single vote was cast in favour — zero votes against and zero invalid votes. The promoter group voted in full (7,059,039 shares), and all 29 members who voted supported the resolution. Scrutinizer Ms. Ruchi Bhave confirmed the resolution was passed with the requisite majority as a Special Resolution.

Likely market impact

The Manager's re-appointment and his remuneration were approved unanimously with no dissent, signalling full shareholder confidence in current management. Such a clean, fully supportive vote is neutral-to-positive for the stock and indicates no governance friction.