Voting Results of Postal Ballots-Scrutinizer''s Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Seasons Textiles Limited conducted a postal ballot through remote e-voting from September 18, 2025 to October 17, 2025, with a record date of September 15, 2025. Out of 9,379 shareholders on record, 177 members cast valid votes on the single special resolution, representing 3,780,408 shares or 50.47% of total shares. The resolution to appoint Mrs. Neelam Wadhwa (DIN: 00050911) as a Whole-time Director for a period of 5 years (liable to retire by rotation) was approved with 99.63% votes in favour (3,766,343 shares) and only 0.37% against (14,065 shares). Promoter group voted unanimously in favour with 3,701,131 shares (100%), while public non-institutional shareholders voted 82.26% in favour and 17.74% against. The scrutinizer, M/s Pramod Kothari & Co., has confirmed the resolution was passed with the requisite majority.
Mrs. Neelam Wadhwa has been formally appointed as Whole-time Director of the company for a 5-year term, providing leadership continuity. The overwhelming shareholder approval (99.63%) signals strong confidence in the appointment, though low public participation (only 2.75% of public non-institutional shares voted) is worth noting.