Salzer Electronics Limited has informed the Exchange regarding 'Voting result on Postal Ballot'.
SALZERELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Salzer Electronics Limited has announced the results of a postal ballot for the re-appointment of Mr. R. Doraiswamy as Managing Director for another term of three years. The resolution was approved by shareholders with 99.99% votes in favour (5,335,791 votes) versus only 0.01% against (409 votes). The e-voting was conducted between March 20, 2026 and April 18, 2026, with results declared on April 20, 2026. Note that votes cast by 4 interested parties totalling 1,874,823 shares were not considered in the count as they were deemed interested in the agenda.
This is a routine governance matter confirming continued leadership under the existing Managing Director. Shareholders have overwhelmingly approved the re-appointment, which should be neutral to mildly positive for the stock as it provides continuity in management.