Scrutinizer report of Postal Ballot Notice dated 01.04.2025
Awaiting price reaction for this filing.
Sellwin Traders Ltd conducted a Postal Ballot (Notice dated April 1, 2025) with voting closing on May 3, 2025, covering two resolutions. Both resolutions passed with overwhelming shareholder support of around 99.99%. Resolution 1 (Special) was to regularise Mr. Mukesh Laxman Sharma as Independent Director — 6.02 crore shares voted in favour vs 6,345 against, with 26.77% of outstanding shares participating. Resolution 2 (Ordinary) was to regularise Ms. Sonal Amol Loharikar as Non-Executive Director — 6.02 crore shares in favour vs 2,881 against, with 26.77% participation. Voting was done via CDSL's e-voting platform and scrutinised by Ankur Gandhi & Associates.
Routine corporate governance filing — no material impact on shareholders or stock price. The easy approval of both director regularisations reflects smooth governance housekeeping and no promoter/promoter-group conflict in either resolution.