Proceedings of Postal Ballot
RMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RMC Switchgears Ltd conducted a Postal Ballot (remote e-voting) for the appointment of Mrs. Manisha Godara (DIN: 08116113) as a Non-Executive Independent Director for a term of 5 years (March 2, 2026 to March 1, 2031). The voting took place from April 25, 2026 to May 24, 2026. Out of the valid votes cast, 50,35,711 shares (99.99%) voted in favour and only 375 shares (0.01%) voted against. The resolution was passed as a Special Resolution with an overwhelming majority, meeting the required threshold under the Companies Act, 2013.
The appointment strengthens the board with an independent director. The near-unanimous shareholder approval signals strong confidence in the appointment and is positive for corporate governance. No immediate impact on stock price is expected.