Raymond Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
RAYMOND · price
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Raymond Limited shareholders approved all three resolutions in a Postal Ballot via e-voting, with the last date of voting being February 11, 2026. The first resolution appointed M/s. Chaturvedi & Shah LLP, Chartered Accountants, as Statutory Auditors to fill a casual vacancy, passing with 99.99% support. The second and third resolutions appointed Mr. Tikka Singh (DIN: 06521398) and Mr. Ajoy Mehta (DIN: 00155180) as Independent Directors, each passing with over 99.98% support. Voting was conducted through e-voting only, with promoters voting nearly unanimously (100% in favor) and public non-institutions showing about 95-96% support. Out of 300,862 shareholders on record, about 56.5% of total shares participated in voting.
These approvals strengthen Raymond's board and audit framework. The appointment of a new statutory auditor suggests a change in audit oversight, which shareholders should monitor closely through future disclosures. The new independent directors add to the board's independent oversight capacity.