Scrutinizer''s Report for the Postal Ballot Result on 6th Nov 2025
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Satchmo Holdings Ltd announced the results of its postal ballot (conducted via remote e-voting from October 8 to November 6, 2025) for the re-appointment of Mr. Kumar Nellore Gopalakrishna (DIN: 07197031) as an Independent Director for a second term. The special resolution was passed with overwhelming approval: 65,809,845 votes (99.98%) in favour and only 14,352 votes (0.02%) against, out of 65,824,197 valid votes polled (45.14% of total share base of 14.58 crore shares). Promoter group voted 100% in favour, while public non-institutions voted 97.39% in favour. The scrutinizer confirmed the resolution was carried with the requisite majority, including support from public shareholders.
The continuity of Mr. Gopalakrishna as Independent Director is confirmed with near-unanimous shareholder support, reflecting strong governance confidence and minimal dissent among investors. No material impact on share price is expected from this routine board composition matter.