Announced Mon, 6 Jul · 17:41 IST
Postal ballot results: Independent Director Ajay Baliga re-appointed
Management Changes View source PDF
RAMCOIND · price
▲ 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
-0.4%1-day move
₹345.40
prior close
₹350.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+1.8+0.7-0.3-0.4+7.3+6.7+7.8+6.2+3.7————
Up moveDown movePending
AI summary
Ramco Industries shareholders approved the re-appointment of Shri Ajay Bhaskar Baliga as Non-Executive Independent Director for a second five-year term from July 27, 2026 to July 26, 2031 via postal ballot. Out of 5.84 crore valid votes, 99.9992 percent were in favour with only 452 votes against. The special resolution passed with requisite majority on July 5, 2026.
Likely market impact
Board continuity maintained with near-unanimous shareholder backing. Routine governance, no material impact expected on stock.