SAMBHAAVNSESambhaav Media Limited· Printing And PublishingLowNeutral
Announced Tue, 3 Mar · 16:44 IST

Sambhaav Media Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

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▲ 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

Sambhaav Media Limited has submitted the voting results and scrutinizer's report for a postal ballot conducted via remote e-voting from February 1 to March 2, 2026. Two resolutions were passed: (1) a Special Resolution to re-appoint Mr. Manoj Vadodaria (DIN: 00092053) as Managing Director, and (2) an Ordinary Resolution to approve material related party transactions for FY 2026-27. Notably, promoters and promoter group (holding 120,273,982 shares, or about 63% of total shares) declared themselves interested in both resolutions and did not vote. Public non-institutions, who hold 70,333,168 shares, cast 8,047,022 votes — a 4.21% turnout on outstanding shares. The MD re-appointment was approved with 8,045,548 votes in favour (99.98%) versus 1,474 against, and the related party transactions resolution passed with 8,046,550 in favour (99.99%) versus 472 against.

Likely market impact

Both resolutions passed with overwhelming support, so the MD re-appointment and related party transactions for FY 2026-27 are now approved. Investors should note that promoters were classified as interested parties and abstained, meaning the resolutions were carried solely by public shareholders, and the very low overall voting turnout (4.21%) is worth flagging when assessing minority shareholder participation.