SIL Investments Limited has submitted the Exchange a copy Scrutinizer's report of Postal Ballot.
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SIL Investments Limited has announced the results of its postal ballot conducted through remote e-voting between November 28 and December 27, 2025. All three resolutions were approved with the requisite majority. Resolution 1 (Special Resolution) for the appointment of Mr. Suresh Kumar Khandelia (DIN: 00373797) as an Independent Director was passed with 99.92% votes in favour (8,371,222 votes for vs 6,776 against). Resolutions 2 and 3 (both Ordinary Resolutions) covering approval of a loan to a related party and other material related party transactions were passed with 98.79% votes in favour (15,99,099 votes for vs 19,530 against). Promoters holding 67,59,369 shares (about 63.8% of equity) did not vote on Resolutions 2 and 3 as interested parties, and they voted 100% in favour of Resolution 1.
A new Independent Director is set to join the board, which is a routine governance change with no material impact. The approval of related party loan and transactions is noteworthy for minority shareholders since the public voter turnout was low (only 42.4% of non-promoter non-institutional shares were polled), so the resolutions were effectively carried by a thin margin of non-promoter votes.