Postal Ballot Scrutinizers Report
Awaiting price reaction for this filing.
Foundry Fuel Products Ltd has announced the results of a postal ballot where shareholders approved the appointment of Mrs. Sneha Sharma (DIN: 10680027) as a Non-Executive Independent Woman Director. The special resolution was passed with an overwhelming 99.99% majority, with 5,629,486 votes in favor and only 65 votes against out of 5,629,551 total votes cast. The e-voting took place from March 10, 2026 to April 8, 2026, and the results were declared on April 9, 2026. This appointment helps the company comply with corporate governance requirements regarding women independent directors on the board.
Positive development for governance as the company adds an independent woman director with near-unanimous shareholder support, which may boost investor confidence.