Scrutinizer Report along with Voting Results for the Postal Ballot Completed on 03rd June, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Retaggio Industries Ltd has announced the results of its postal ballot that concluded on 3rd June 2026. The only resolution put to vote was a Special Resolution seeking approval for a revision in the remuneration of Mr. Savinay Lodha (DIN: 02634124), the Managing Director of the company. A total of 4 members cast votes, representing 6,450 shares, and the resolution was passed with 100% assent and zero dissents. The scrutinizer, Nishant Bajaj & Associates (Practicing Company Secretaries), has confirmed that the resolution was passed with the requisite majority. The e-voting was conducted through NSDL between 5th May and 3rd June 2026.
The 100% approval means shareholders have greenlit a pay hike for the Managing Director, which will increase his compensation from the company. While the vote is unanimous, participation was very low (only 4 members and 6,450 shares), so the result largely reflects the views of a small group of shareholders rather than broad-based investor sentiment.