Scrutinizer''s Report with Voting Results
RMC · price
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RMC Switchgears Limited's postal ballot for appointment of Mrs. Manisha Godara (DIN: 08116113) as an Independent Director has been approved. Out of 1,05,76,850 total shares, 50,36,086 votes were cast (47.61% voter turnout). The resolution passed with 99.99% in favor (50,35,711 votes) versus only 375 votes against. Promoter and promoter group voting was notably high at 90.34% of their holdings, all in favor. The scrutinizer, CS Megha Khandelwal, confirmed the resolution passed with requisite majority under Section 110 of the Companies Act, 2013, as on May 24, 2026.
The appointment strengthens the board's independence with overwhelming shareholder approval. This is a routine governance update with no immediate share price implications.