Postal Ballot Results: Two Director Appointments Approved

Board & Shareholder Meetings View source PDF

SAHYADRI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.7%1-day move

₹280.00

prior close

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After-mkt

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AI summary

Sahyadri Industries Postal Ballot results show both special resolutions passed with 99.99% votes in favor. Resolution 1: Appointment of Mr. Sunil Suratwala as Non-Executive Independent Director for 5 years. Resolution 2: Re-appointment of Mrs. Moushmi Shaha for second term of 5 years. Total 78,27,676 shares voted, which is 71.51% of outstanding shares. Promoters voted 100% in favor. Only 781 shares voted against.

Likely market impact

Both director appointments cleared with overwhelming shareholder support and full promoter backing. Minimal market impact expected.