RAYMONDNSERaymond Limited· Textile ProductsMediumNeutral
Announced Fri, 20 Jun · 18:30 IST

Raymond Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

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RAYMOND · 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

Awaiting price reaction for this filing.

AI summary

Raymond Limited has informed the exchanges of the results of a Postal Ballot conducted to approve the appointment of Mrs. Rashmi Mundada (DIN: 08086902) as a Woman Independent Director of the company. The remote e-voting period ran from May 22, 2025 to June 20, 2025. Out of 4,23,43,369 total votes polled (about 63.6% of paid-up capital), 99.99% voted in favour of the special resolution, with only 3,524 votes (0.0083%) against. The resolution was passed with the requisite majority, and the appointment is in compliance with NSE/BSE circulars on woman independent directors. The scrutinizer was Dinesh Kumar Deora of DM & Associates Company Secretaries LLP.

Likely market impact

This is a routine corporate governance disclosure confirming shareholder approval of a board appointment. No material impact on the stock price or shareholders is expected from this filing, as it formalises an already-announced board addition.