Announced Fri, 17 Apr · 16:01 IST

Submission of Result of Postal Ballot and Remote e-voting along with Scrutinizers'' Report

Management Changes View source PDF

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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
+2.0%1-day move
₹27.93
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AI summary

Shristi Infrastructure Development Corporation Ltd has announced the results of its postal ballot held on April 16, 2026, for the re-appointment of Mr. Sunil Jha (DIN: 00085667) as Managing Director. The special resolution was passed with an overwhelming majority of 99.9998% votes in favor (1,66,34,140 votes in favor vs. only 36 votes against). Promoter and Promoter Group holding 16,633,459 shares voted 100% in favor. Public non-institutional shareholders voted with 94.98% in favor. The scrutinizer's report was issued by CS Siddhi Singhania, Practicing Company Secretary. A total of 4,862 shareholders were on the record date.

Likely market impact

The re-appointment of the Managing Director has been approved without any governance concerns, indicating continuity in leadership. The near-unanimous approval suggests strong shareholder confidence in the current management. No immediate impact on the stock expected from this routine corporate action.