Shyam Metalics And Energy Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
SHYAMMETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shyam Metalics has announced the results of its postal ballot conducted via remote e-voting from February 12, 2026 to March 13, 2026. The only resolution was the appointment of Mr. Subrata Bhattacharya (DIN: 03050155) as an Independent Director for a 5-year term from February 1, 2026 to January 31, 2031. A total of 480 members holding 23,90,43,175 equity shares cast their votes, with 99.9992% voting in favour and 0.0008% against the resolution. The resolution was passed as a Special Resolution with the requisite majority. The scrutinizer's report was issued by Mr. Raj Kumar Banthia of MKB & Associates, Practicing Company Secretaries.
This is a routine corporate governance update confirming the shareholder approval for a new Independent Director. No material financial or operational impact on the company; the appointment strengthens the board's independence.