SAPPHIRENSESapphire Foods India LimitedMediumNeutral
Announced Fri, 27 Mar · 13:21 IST

Sapphire Foods India 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

SAPPHIRE · price

Loading chart…

▲ 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
-5.7%1-day move
₹158.00
prior close
₹154.84
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.3-0.2-0.3-5.7-2.2-3.2+0.3+0.3+2.1+11.9+10.3+15.7+14.4
Up moveDown movePending
AI summary

Sapphire Foods India Limited conducted a postal ballot (e-voting) from 25 February to 26 March 2026 to seek shareholder approval for appointing Mr. Kushal Agarwal (DIN: 11528795) as a Non-Executive Nominee Director, which was passed as an Ordinary Resolution. Out of 32.14 crore outstanding shares, 27.54 crore votes were polled (85.66% participation). A strong 99.58% of votes were cast in favour (27.41 crore shares) while only 0.42% voted against (11.50 lakh shares). Promoters voted 100% in favour, public institutions voted 99.40% in favour, and public non-institutions voted 96.58% in favour. The resolution is deemed passed effective 26 March 2026.

Likely market impact

Routine governance update — the nominee director appointment has been formally approved by shareholders with near-unanimous support, signalling stability in board composition. No material impact on stock price expected; relevant only for investors tracking board changes.