Submission of Scrutinizer Report with Voting Result for the Postal Ballot
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Rishabh Digha Steel & Allied Products Ltd conducted a postal ballot (through remote e-voting) that concluded on 31 May 2026 to pass one special resolution: the re-appointment of Mr. Jigar Rajendra Sheth (DIN: 09152187) as an Independent Director. The resolution was passed with overwhelming shareholder support - 1,791 votes (99.39%) in favour and only 11 votes (0.61%) against, out of 1,802 total votes polled. Notably, only public non-institutional shareholders voted (1,802 votes from a pool of 1,409,699 shares), while the promoter group, holding 4,076,701 shares, did not participate in the voting. The total equity base was 5,486,400 shares among 2,171 shareholders as of the record date of 24 April 2026. The scrutinizer (CS Jaymin Modi, M/s Jaymin Modi & Co) certified the process as fair and transparent, confirming the resolution was passed with the requisite majority.
This is a routine governance-related disclosure confirming Mr. Jigar Rajendra Sheth continues as an Independent Director. The near-unanimous shareholder approval signals strong confidence in the board composition. No material financial impact on shareholders or stock price is expected from this appointment.