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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shilp Gravures Limited concluded its postal ballot on August 16, 2025, with all 4 special resolutions passing with overwhelming majority. Resolutions included the appointment of Mr. Pranav Bhalara and Mr. Kishor Doshi as Executive Directors (w.e.f. May 17, 2025), revision in remuneration of Managing Director Mr. Ambar Patel, and continuation of Mr. Jayantilal Jhalavadia as Chairperson and Independent Director beyond the standard retirement age. Voting on the first two resolutions saw only ~1.3% turnout (79,940 votes polled), with 99.85% in favour. The MD remuneration and director continuation resolutions saw much higher turnout (~62%), with promoters voting and 99.99% approval. Total shareholders on record date: 5,972; total shares outstanding: 61,49,800.
All key management decisions were approved by shareholders, giving the board clarity on leadership and MD pay. The very low public turnout on the two new Executive Director appointments is notable — promoters did not vote on these items, so approval rested entirely on retail/public holders, though still passed comfortably. No negative signal expected on the stock; this is a routine governance update.