Announced Mon, 18 May · 23:11 IST

Shankar Lal Rampal Dye-Chem Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has informed the Exchange regarding voting results along with copy of scrutinizers report together with copy of minutes.

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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
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AI summary

Shankar Lal Rampal Dye-Chem Limited has announced the results of a postal ballot for appointing Mr. Sumit Jain (DIN: 11490160) as an Independent Director for a 5-year term from 9th April 2026 to 8th April 2031. The resolution was passed as a Special Resolution with overwhelming approval of approximately 100% (53,511,795 votes in favour vs only 12 votes against). The voting was conducted via e-voting platform between 17th April and 16th May 2026, with participation from promoters (47,083,070 shares), public institutions (24,095 shares), and public non-institutions (6,404,642 shares). A practicing company secretary, Nitin Mehta, was appointed as the scrutinizer.

Likely market impact

This is a routine board appointment that strengthens the company's independent oversight. The near-unanimous approval indicates strong shareholder confidence in the appointment. No material impact expected on stock price as this is a standard governance action.