Announced Fri, 13 Mar · 14:07 IST

Outcome of Postal Ballot along with Scrutinizer Report

Board & Shareholder Meetings View source PDF

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
+9.3%1-day move
₹0.86
prior close
₹0.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+9.3+12.8+18.6+24.4+30.2+41.9+105.8+95.3-9.3-34.9
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AI summary

Pulsar International Ltd concluded a postal ballot on 11 March 2026, with all 4 resolutions passed by shareholders. The resolutions included: (1) Appointment of Statutory Auditor in a casual vacancy (99.44% in favour), (2) Regularization of Mr. Bikash Tarafdar as Independent Director (98.54%), (3) Regularization of Mr. Rupabhai Patel as Non-Executive Non-Independent Director (98.55%), and (4) Change in designation and appointment of Mr. Arvindkumar Gulabji Parmar as Managing Director (98.55%). Voting participation was low at 8.52% of outstanding shares (3.65 crore out of 42.83 crore shares). Promoters voted 100% in favour on all resolutions, while public non-institutional shareholders had a 6.14% turnout.

Likely market impact

Routine corporate governance housekeeping with strong shareholder approval (over 98% on all items). Low voter turnout reflects typical retail disengagement, and the change in MD designation suggests a formalisation of existing leadership. Minimal direct impact on stock price, but shareholders should note the board composition changes.