SML Isuzu Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results along with copy of minutes.
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SML Isuzu Limited has announced the results of its postal ballot, with shareholders approving two ordinary resolutions: (1) the appointment of Mr. Yasushi Nishikawa (DIN 11027072) as Director, and (2) his appointment as Managing Director & Chief Executive Officer. The remote e-voting period ran from 14th June 2025 to 13th July 2025. Both resolutions passed with overwhelming majority — over 99.99% of votes polled were in favour. Promoter group (holding 6,362,306 shares) voted 100% in favour, and public shareholders also voted nearly unanimously in favour. The scrutinizer, Mr. Kanwaljit Singh (Practicing Company Secretary), has submitted his report confirming the results.
Mr. Yasushi Nishikawa, who appears to be an external appointee (likely from joint venture partner Sumitomo Corporation given his Japanese name), will now take over as the new MD & CEO of SML Isuzu. This signals a leadership transition at the company. The near-unanimous approval, including from the promoter group, suggests strong alignment among shareholders on this appointment, which is generally a positive governance signal.