POLYCABBSEPolycab India LtdMediumNeutral
Announced Mon, 11 May · 19:23 IST

Scrutinizer''s Report on Postal ballot.

Board & Shareholder Meetings View source PDF

POLYCAB · price

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

Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹9058.00
prior close
₹9115.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.1+0.1+0.2-1.7+2.0+1.0+1.2+1.2+1.4+5.8+5.4+2.9
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AI summary

Polycab India Ltd has submitted e-voting results from a postal ballot conducted between April 11 and May 10, 2026. Two special resolutions were passed: (1) re-appointment of Ms. Sutapa Banerjee as Independent Director (96.36% in favour, 3.64% against out of ~13.15 crore votes polled), and (2) re-appointment of Mr. Bhaskar Sharma as Independent Director (99.23% in favour, 0.77% against). Overall voter turnout was 87.33% of total shares. Both resolutions were approved with requisite majority as certified by scrutinizer M/s BNP & Associates. No related party interests were declared by either resolution.

Likely market impact

Both independent director re-appointments approved with strong shareholder backing, particularly Mr. Bhaskar Sharma receiving near-unanimous support. This is a routine governance event with no direct impact on stock price, reinforcing board independence.