Polycab India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
POLYCAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Polycab India Limited has announced the results of its postal ballot for re-appointment of two Independent Directors. Both special resolutions were passed with overwhelming shareholder approval. Ms. Sutapa Banerjee received 96.36% votes in favour (12.67 crore votes out of 15.05 crore total), while Mr. Bhaskar Sharma received 99.23% votes in favour (13.04 crore votes out of 15.05 crore total). The e-voting period ran from April 11, 2026 to May 10, 2026, with 3,74,452 shareholders on the record date. The scrutinizer's report from M/s BNP & Associates confirms the resolutions are valid. Both directors' appointments are deemed passed on May 10, 2026.
Positive for governance stability as both independent directors have been reappointed with strong shareholder backing. The near-unanimous approval (especially for Mr. Sharma at 99.23%) signals confidence in the board's composition with minimal shareholder concerns.