Please find herewith the Scrutinizer''s Report for Postal Ballot
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Precision Electronics Limited conducted a Postal Ballot that closed on February 8, 2026, with two ordinary resolutions put to shareholders via remote e-voting. The first resolution was the appointment of Mr. Amitbir Singh Banga (DIN: 07163599) as a Director of the Company, which passed with 48,81,457 votes in favour (99.997%) against just 124 dissenting votes out of 48,81,581 votes polled (35.25% of the paid-up share capital of 1,38,48,512 equity shares). The second resolution approved a material related party transaction with Victora Stock-Invest Private Limited, passing with 12,33,275 votes in favour (99.986%) against 174 dissenting votes; notably, the promoter group abstained from voting on this resolution as they were an interested party. Both resolutions passed with the requisite majority as reported by the Scrutinizer, Yogesh Saluja (of Yogesh Saluja & Associates, CS, ACS 21916). The report was signed off by Executive Chairman Ashok Kumar Kanodia on February 9, 2026.
Mr. Amitbir Singh Banga is confirmed as a Director of the Company, and the material related party transaction with Victora Stock-Invest Private Limited has secured shareholder approval. The extremely high approval margins (over 99.9%) indicate no meaningful shareholder dissent, making this a routine governance outcome with neutral impact on the stock.