Announced Mon, 18 May · 23:23 IST

Appointment via postal Ballot result Independent Director

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 14 horizons · vs prior close
+5.3%1-day move
₹40.50
prior close
₹41.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4-0.4-3.9+5.3+4.2+2.7+6.0-1.0+0.2-1.9+3.3-6.1
Up moveDown movePending
AI summary

Shankar Lal Rampal Dye-Chem Ltd has announced the results of a postal ballot for appointing Mr. Sumit Jain (DIN: 11490160) as an Independent Director. The appointment is for a 5-year term from 9th April, 2026 to 8th April, 2031. The resolution was passed as a Special Resolution with nearly unanimous approval - 53,511,795 votes in favour against only 12 votes against out of 53,511,807 total valid votes. Promoters and public institutions voted 100% in favour, while public non-institution shareholders voted 99.9998% in favour. The postal ballot process was conducted between 17th April and 16th May, 2026.

Likely market impact

This is a routine governance update with no material impact on shareholders. The near-unanimous approval (virtually 100%) signals strong shareholder confidence in the new independent director appointment.