BSESakthi Finance LtdMediumNeutral
Announced Wed, 5 Nov · 16:33 IST

Intimation under Regulation 44 of SEBI Listing Regulations 2015 - Details of Voting Results dated November 5, 2025 of Postal Ballot

Management Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sakthi Finance Ltd announced the results of a postal ballot conducted between October 6 and November 4, 2025, seeking shareholder approval for the appointment of Sri Saurabh Jain (DIN: 02322422) as a Non-Executive Independent Director for a 5-year term from September 27, 2025 to September 26, 2030. Shareholders overwhelmingly approved the special resolution, with 5,39,74,338 votes (99.98%) cast in favour and only 13,104 votes (0.02%) against. Overall voting participation was strong at 83.44% of total equity shares, with the promoter group (holding 4,33,63,007 shares) voting 100% in favour. The scrutinizer confirmed the resolution was duly passed with the requisite majority.

Likely market impact

This is a routine governance filing confirming shareholder backing for a new independent director appointment. The near-unanimous approval suggests no shareholder dissent on this board change, with no material impact expected on the stock price.