Span Divergent Limited-Voting Results on Postal Ballot through remote e-voting along with Scrutinizer''s Report
Awaiting price reaction for this filing.
Span Divergent Limited conducted a postal ballot via remote e-voting from January 6 to February 4, 2026, to seek shareholder approval for a special resolution. The resolution sought to regularize the appointment of Dharmesh Vinodbhai Desai (DIN: 00292502) as a Non-Executive Independent Director. Out of 34,84,778 valid votes cast, 33,92,521 votes (97.35%) were in favour and 92,257 votes (2.65%) were against the resolution. Promoters voted unanimously (100%) in favour, while public non-institutions showed 70.28% support. The resolution was passed with the requisite majority, and the scrutinizer (Mitesh Rana & Co., Company Secretaries) certified the results.
This is a routine corporate governance disclosure confirming the appointment of an independent director. The overwhelming approval (97.35%) signals strong shareholder confidence in the board composition. No material impact on stock price is expected as this is a regulatory compliance filing.