SESHAPAPERNSESeshasayee Paper and Boards Limited· Paper And Paper ProductsMediumNeutral
Announced Fri, 25 Jul · 12:42 IST

Seshasayee Paper and Boards Limited has submitted the Exchange a copy Voting Results of Postal Ballot Notice dated 13.06.2025 and Scrutinizers report of Postal Ballot

Management Changes View source PDF

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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 Limited announced the results of a postal ballot conducted between June 25 and July 24, 2025. Shareholders approved two ordinary resolutions with overwhelming majority (99.95% in favour, only 0.05% against each). Resolution 1 was the appointment of Sri Kumar Jayant, IAS (DIN: 01820616) as a Nominee Director not liable to retire by rotation, passing with 3,15,22,317 shares in favour. Resolution 2 was the appointment of Sri Ashish Kumar Srivastava, IFS (DIN: 10403411), Special Secretary, as a Nominee Director liable to retire by rotation, passing with 3,15,22,217 shares in favour. Promoters voted 100% in favour of both resolutions. Total valid votes polled were about 31.54 crore shares, representing 50% of outstanding shares, with no invalid votes recorded.

Likely market impact

Both government nominee directors have been formally inducted onto the board with near-unanimous shareholder support, signalling strong governance endorsement. This is a routine procedural confirmation rather than a material stock-moving event.