Please find enclosed the Scrutinizer''s Report for the postal ballot concluded at 5.00 PM (IST) as on April 29, 2025. Kindly ignore the previous upload.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
S V Global Mill Limited has disclosed the voting results of a postal ballot that ran from March 31 to April 29, 2025. Two special resolutions were put to shareholders and both were passed with overwhelming majority (over 99.6% in favor). The first resolution was the reappointment of Shri. S Muthu Selvam (DIN: 09606145) as an Independent Director, which received 13,816,278 votes in favor (99.63%) versus only 51,811 votes against (0.37%). The second resolution was to amend the Memorandum of Association to add a new clause of business, which also received 13,816,127 votes in favor (99.63%) versus 51,962 against (0.37%). No invalid votes were recorded on either resolution. The scrutiny was conducted by M.K. Madhavan of M K Madhavan & Associates, Company Secretaries, using the CDSL e-voting platform.
Both resolutions have been approved by shareholders with near-unanimous support, showing strong shareholder confidence. The MOA amendment suggests the company may be planning to expand into a new line of business, which investors should watch for in upcoming disclosures.