Announced Tue, 31 Mar · 22:34 IST

Dear all, Please find attached Postal Ballot Result and Scrutinizer Report as on 30-03-2026

Board & Shareholder Meetings View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
+9.0%1-day move
₹51.30
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+9.0+15.0+15.0+14.5+15.0+20.2+32.7+12.3+17.2+18.9
Up moveDown movePending
AI summary

Riddhi Corporate Services Ltd (BSE: 540590) announced the results of its Postal Ballot that concluded on 30 March 2026, with all 4 resolutions passing unanimously — 100% votes in favour and 0% against. The resolutions included a Special Resolution to vary the objects of the company's IPO, an Ordinary Resolution to appoint a new Statutory Auditor to fill a casual vacancy, a Special Resolution to regularize Mr. Kalpesh Chandra Kishore Shukla (DIN: 07773003) as a Non-executive Independent Director, and an Ordinary Resolution to appoint a Secretarial Auditor. Out of 2,830 shareholders on record holding 11,867,000 total shares, only 15 shareholders cast votes, representing roughly 27% of outstanding shares (about 32 lakh shares), with the promoter group contributing the majority. The Scrutinizer, CS Samsad Alam Khan, certified the e-voting process as fair and transparent, conducted via NSDL's remote e-voting platform from 1 March to 30 March 2026.

Likely market impact

The IPO object variation is the most material item, as it changes the intended use of funds raised through the public offer and may affect future growth or operational plans — shareholders should watch for the revised object disclosure. With 100% approval across all resolutions and no dissent, there is no near-term governance overhang from this ballot.