Announced Mon, 27 Jul · 13:08 IST
Singer India Postal Ballot Approves MD Remuneration
Management Changes View source PDF
SINGERIND · price
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Price reaction · full curve 14 horizons · vs prior close
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AI summary
Singer India shareholders approved the remuneration of Mr. Rakesh Khanna, Executive Vice Chairman and Managing Director, via postal ballot. The special resolution passed with 99.98 percent votes in favour. Of 161 members who voted, 135 supported with about 2.51 crore shares, while 26 voted against with 4,693 shares. Promoters holding around 1.9 crore shares voted fully in favour.
Likely market impact
Routine governance outcome. No material impact on shareholders or stock price expected.