PVRINOXNSEPVR INOX LimitedMediumNeutral
Announced Mon, 16 Mar · 15:41 IST

PVR INOX Limited has submitted to the Exchange a copy of Scrutinizer's report along with voting results for the Postal Ballot notice dated February 05, 2026.

Board & Shareholder Meetings View source PDF

PVRINOX · 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
+4.6%1-day move
₹978.10
prior close
₹980.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.4+1.4+1.3+4.6+2.1+1.5-4.4-3.6-5.3-3.5-4.1+3.3-1.9
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AI summary

PVR INOX has filed the voting results and Scrutinizer's report for the Postal Ballot conducted from February 13 to March 14, 2026, under SEBI Regulation 44(3). Two special resolutions were put to vote: (1) approval of remuneration for Managing Director Mr. Ajay Kumar Bijli, and (2) approval of remuneration for Executive Director Mr. Sanjeev Kumar. Of 2,46,897 shareholders, 73.59% of outstanding equity shares (7,22,63,588 shares) participated in the e-voting. Promoters voted 100% in favour (2,70,34,066 shares), while public institutional investors showed significant dissent at 18.54% (76,26,760 shares against). Both resolutions passed with 89.43% votes in favour and approximately 10.57% against, well above the required special resolution threshold of 75%.

Likely market impact

Both executive remuneration proposals have been approved by shareholders, providing clear governance continuity for the company's leadership. The notable ~18.5% dissent from institutional public shareholders on director pay may signal ongoing investor concerns about executive compensation levels, though the resolutions comfortably passed.