Announced Sat, 7 Mar · 18:05 IST

Outcome of Postal Ballot and Summary of Proceeding for Reappointment of Mr Sudhir Kapoor (DIN:08258684) as Non- Executive Independent Director for a Second term of five consecutive years ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Shreevatsaa Finance and Leasing Limited completed a postal ballot process conducted entirely through remote e-voting via CDSL from February 6 to March 7, 2026. Shareholders approved a special resolution to reappoint Mr. Sudhir Kapoor (DIN: 08258684) as a Non-Executive Independent Director for a second consecutive term of five years, effective March 15, 2026 to March 14, 2031. The resolution was passed with the requisite majority, based on the scrutinizer's confirmation. The cut-off date for eligibility was January 30, 2026, when the company had 703 shareholders. Mr. Rabindra Kumar Satapathy of Rabi Satapathy & Associates served as the scrutinizer for the e-voting process.

Likely market impact

This is a routine governance update confirming board continuity with no material change expected for shareholders or stock price. Reappointment of an existing independent director signals stable oversight rather than any strategic shift.