Postal Ballot Results: Two Directors Appointed at Quest Capital Markets

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Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹250.00

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.2% vs market

Capital Markets peers, median of 65sector · industry level-0.3%-0.5% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.5 pts less than its Capital Markets peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Quest Capital Markets has announced Postal Ballot voting results. Shareholders approved both ordinary resolutions with 99.97 percent votes in favor (75.06 lakh shares) and only 0.03 percent against (1,900 shares). Resolution 1 appoints Mr. Alok Kalani and Resolution 2 appoints Mr. Gopal Rathi, both as Non-Executive Non-Independent Directors. Scrutinizer K Arun and Company validated the e-voting conducted through CDSL on 18 September 2026.

Likely market impact

Board expands with two new non-executive directors aligned with the promoter group. Almost no shareholder dissent signals easy, smooth approval.