Submission of Voting Result and Scrutinizer''s Report for the Postal Ballot of the Company
SHREERAMA · price
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Shree Rama Multi-Tech Limited announced the results of its postal ballot conducted via e-voting between May 19 and June 18, 2025. Two special resolutions were passed with overwhelming majority. Resolution 1, the re-designation of Mr. Mittal K. Patel as an Independent Director for 5 years, was approved with 99.9994% votes in favour (8.33 crore shares for vs just 507 against). Resolution 2, the appointment of Mr. Anuj J. Desai as an Independent Director for 5 years, was approved with 99.9981% votes in favour (8.33 crore shares for vs 1,607 against). Promoter group holding 8.21 crore shares voted 100% in favour of both resolutions. Total voter turnout was 62.44% on a paid-up equity base of 13.35 crore shares. Both resolutions were passed as special resolutions as per the scrutinizer's report by Chirag Shah & Associates dated June 19, 2025.
The company has secured shareholder approval for two key board appointments, ensuring continuity in its independent director composition with no meaningful dissent from shareholders. This is a routine governance filing and is unlikely to have any material impact on the stock price.