Postal ballot results: MD appointment approved with 99.99% majority

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

RDB Infrastructure and Power informed BSE that shareholders approved Mr. Shubham Vaidya (DIN 11294349) as Managing Director through postal ballot. Of 82 voting members, 67 voted in favor with 11.87 crore shares (99.99%) and 15 voted against with 356 shares (0.01%). E-voting ran from June 7 to July 6, 2026. Scrutinizer Prachi Bhartia confirmed the special resolution passed with requisite majority.

Likely market impact

Near-unanimous shareholder approval confirms leadership change. Strong backing signals shareholder confidence in the new Managing Director.