SESHAPAPERNSESeshasayee Paper and Boards Limited· Paper And Paper ProductsMediumNeutral
Announced Thu, 12 Mar · 11:15 IST

Seshasayee Paper and Boards Limited has informed the Exchange regarding voting results of Postal Ballot

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Seshasayee Paper and Boards announced the results of its postal ballot conducted between February 10 and March 11, 2026, with both resolutions approved by overwhelming majority. Resolution 1 was the re-appointment of Sri N Gopalaratnam as Whole-time Director designated as Chairman, passed as a Special Resolution with 99.95% of votes in favour (3.09 crore shares). Resolution 2 was the appointment of Sri Anurag Mishra, IFS officer, as a Nominee Director, passed as an Ordinary Resolution with 99.95% of votes in favour (3.09 crore shares). Out of 6.31 crore total outstanding shares, about 49% of shares were polled through remote e-voting via NSDL. The promoter group voted 100% in favour of both resolutions, and there were no invalid votes.

Likely market impact

This is a routine corporate governance filing confirming shareholder approval of board appointments. The overwhelming approval (over 99.9% in favour) signals strong shareholder confidence and continuity in leadership, with no negative impact expected on the stock.