Scrutinizer Report for the Notice of Postal Ballot dated 17th March, 2026
Awaiting price reaction for this filing.
Sellwin Traders Ltd has successfully completed a postal ballot process for appointing M/s. Parth R. Shah & Co. (FRN: 153846W), Chartered Accountants as the new statutory auditors of the company. The resolution was passed as an Ordinary Resolution with overwhelming shareholder approval - 33,008,655 votes in favor (99.9997%) versus only 87 votes against (0.0003%) out of 33,008,742 total votes cast. The voting period ran from March 21, 2026 to April 19, 2026, with the scrutinizer's report dated April 20, 2026. Notably, only about 14.05% of total outstanding shares participated in the voting, indicating relatively low retail investor engagement in this decision.
The appointment of a new statutory auditor is a routine governance matter. The near-unanimous approval suggests board consensus on the appointment. The low voter turnout (only public shareholders participated) means the outcome reflects institutional and larger shareholder sentiment rather than broad shareholder approval.