Announced Fri, 10 Jul · 18:04 IST
Postal Ballot Results: Both Resolutions Passed with 99.98% Majority
Board & Shareholder Meetings View source PDF
SICAGEN · price
▲ 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
-1.6%1-day move
₹52.70
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.6-2.3+0.2-0.9-2.0-3.2————
Up moveDown movePending
AI summary
Sicagen India completed its postal ballot process for two resolutions. Mr. Prasanna Joshi was appointed as Director with 99.98% votes in favour (2.52 crore votes for, only 3,919 against). His appointment and remuneration as Whole-Time Director was also approved with 99.98% support (4,572 votes against). Voting ran from June 9 to July 8, 2026. Promoter group interest was nil. Total poll was 63.81% of outstanding shares.
Likely market impact
Strong shareholder backing for new leadership appointments. New WTD in place strengthens management. Routine filing with minimal price impact.