Revathi Equipment India Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with copy of minutes.
RVTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Revathi Equipment India Limited conducted a postal ballot via remote e-voting from December 12, 2025 to January 10, 2026, seeking shareholder approval for a single special resolution: the appointment of Mr. Natarajan S Iyer (DIN: 11318891) as an Independent Director. Out of 6,617 eligible shareholders, 18,56,658 votes were polled, representing 60.54% of outstanding shares. The resolution was overwhelmingly approved with 99.36% of votes in favor (18,44,810 votes) and only 0.64% against (11,848 votes). The promoter and promoter group (holding 19,59,446 shares) voted 100% in favor, while public non-institutions showed 93.17% dissent on their polled shares. The Scrutinizer, M D Selvaraj of MDS & Associates LLP, confirmed the resolution was passed with the requisite majority on January 10, 2026.
This is a routine governance update with no material impact on the stock price. The appointment of an Independent Director strengthens the board's composition and compliance with listing regulations. The strong shareholder approval (99.36%) signals broad support for the board's nominee.