Rmc Switchgears Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
RMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RMC Switchgears Limited has announced the results of its postal ballot, where shareholders approved the appointment of Mrs. Manisha Godara (DIN: 08116113) as an Independent Director. The special resolution was passed with overwhelming shareholder support — 99.99% votes in favour (50,35,711 votes) against just 375 votes against. Out of 1,05,76,850 total shares, valid votes were cast by 18 shareholders representing 50,36,086 shares (47.61% of outstanding shares). Promoter group accounted for the majority of votes (49,66,000 shares), voting 100% in favour. The e-voting period ran from April 25, 2026 to May 24, 2026, and the scrutinizer confirmed the resolution was passed with requisite majority under the Companies Act, 2013.
The appointment of an independent director with near-unanimous approval is a positive governance signal and has no immediate impact on the stock. It strengthens the board composition, which may be viewed favourably by investors focused on corporate governance quality.