Pudumjee Paper Products Limited has informed the Exchange regarding Proceedings of Postal Ballot
PDMJEPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pudumjee Paper Products Limited concluded a postal ballot (remote e-voting only) on 4th March 2026, with results declared on 5th March 2026. Two special resolutions were passed with overwhelming shareholder approval. Resolution 1 approved the remuneration of Mr. Arunkumar Mahabirprasad Jatia (Whole Time Director/Executive Chairman) at Rs. 16.50 lakh per month plus perquisites, for the period 1st August 2026 to 31st July 2028, and passed with 98.76% votes in favour. Resolution 2 approved the re-appointment of Dr. Ashok Kumar as Executive Director for 5 years (27th May 2026 to 26th May 2031) at Rs. 8 lakh per month plus perquisites, and passed with 99.99% votes in favour. Both resolutions were deemed passed with the requisite majority.
This is a routine corporate governance disclosure confirming shareholder approval of executive remuneration and re-appointment. The near-unanimous voting results suggest strong shareholder support and are unlikely to have any material impact on the stock price.