Submission of Scrutinizer''s Report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Sanrhea Technical Textiles conducted a postal ballot by remote e-voting (Nov 20 – Dec 19, 2025) on two special resolutions. Resolution 1 sought approval to revise the remuneration of Managing Director Shri Tushar Patel (DIN 00031632) and passed with 97.90% votes in favour (42,25,878 votes vs. 90,502 against). Resolution 2 sought reappointment of Shri Tushar Patel as Managing Director and passed with 98.82% votes in favour (42,65,380 votes vs. 51,000 against). The promoter group, holding about 75% of the company's 56.9 lakh shares, voted 100% in favour on both resolutions. Among public shareholders, the remuneration revision was a near 50-50 split (49.81% for, 50.19% against), but the MD reappointment got a more comfortable 71.72% public approval. Scrutinizer Ashish Doshi of SPANJ & Associates confirmed the voting was fair and transparent.
Both resolutions have been approved, securing Tushar Patel's continuation as Managing Director with revised pay terms. While the overall outcome is positive for board stability, the near 50-50 public dissent on his remuneration hike signals some minority shareholder discomfort worth monitoring.