Prime Securities Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
PRIMESECU · price
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Prime Securities Limited has announced the results of a postal ballot conducted for a Special Resolution to re-appoint Mr. N. Jayakumar as Managing Director and Group CEO along with payment of remuneration. The e-voting period ran from March 18, 2026 to April 16, 2026. Out of 3.39 crore shares outstanding, 1.94 crore shares (57.42%) were voted. The resolution received overwhelming shareholder approval with 1.94 crore votes in favour (99.97%) versus only 4,884 votes against (0.03%). The Scrutinizer confirmed the resolution was passed as a Special Resolution with the requisite majority. Promoter and Promoter Group abstained from voting (nil votes polled from this category).
The shareholder approval provides management continuity as the current leadership team led by Mr. N. Jayakumar will continue. The near-unanimous approval signals strong shareholder confidence in the existing management strategy and leadership.