SHILCTECHBSEShilchar Technologies LtdMediumNeutral
Announced Fri, 13 Jun · 17:46 IST

Outcome of Postal Ballot

Management Changes View source PDF

SHILCTECH · price

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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

Shilchar Technologies announced the results of a postal ballot conducted via remote e-voting from May 15, 2025 to June 13, 2025. The single resolution on the ballot was the re-appointment of Mr. Rajesh Varma (DIN: 01034325) as a Non-Executive Independent Director, passed as a Special Resolution with the requisite majority on June 13, 2025. The company had 39,360 shareholders on the cut-off date. Scrutinizer Kashyap Shah & Co. certified the voting process, which was conducted through CDSL's e-voting platform.

Likely market impact

This is a routine governance action — the re-appointment of an existing independent director — and is unlikely to have any material impact on the stock price or shareholder value.