Scrutinizer''s report for the Postal Ballot
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PNGS Gargi Fashion Jewellery Ltd announced the results of its Postal Ballot on October 29, 2025. The only resolution, a Special Resolution to re-appoint Mr. Prasad Prabhakar Ghodke as Manager of the company and fix his remuneration, was passed with 100% approval. Out of 10,35,803 total shares, 70,95,414 votes (68.50% of outstanding shares) were polled entirely in favour, with zero votes against and no invalid votes. The promoter group voted 100% in favour (70,59,039 shares, 100% polling), while public institutions and non-institutions showed low participation (13.14% and 0.64% respectively), but all voted in favour. The scrutinizer was Ms. Ruchi Bhave, Practicing Company Secretary.
The resolution secures Mr. Ghodke's continuation as Manager with approved remuneration, providing management continuity for shareholders. Given the absence of any dissent votes, this outcome is unlikely to cause any stock price movement as it was a routine procedural approval supported unanimously.