SPENCERSNSESpencer's Retail LimitedLowNeutral
Announced Sat, 14 Mar · 22:27 IST

Spencer's Retail Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

SPENCERS · price

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▲ 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
-6.9%1-day move
₹31.16
prior close
₹30.52
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.0+2.3+1.6+0.6-6.9-4.6-6.3-5.3-10.2-9.5+1.4+13.3+10.9+18.9
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AI summary

Spencer's Retail Limited announced the results of its postal ballot conducted via remote e-voting between February 13, 2026 and March 14, 2026, with a cut-off date of February 6, 2026. The special resolution sought the re-appointment of Mr. Anuj Singh (DIN: 09547776) as the Chief Executive Officer and Managing Director for a further period of 3 years. Out of 50,203 total shareholders on record, 264 voted (14 from the promoter group and 250 from the public). The resolution passed with overwhelming support — 99.99% of polled votes were in favour (5.57 crore votes), with only 4,478 votes against. Promoters, public institutions, and public non-institutions all voted largely in favour (100%, 100%, and 94.84% respectively). The scrutinizer, S.M. Gupta & Co., confirmed the resolution was passed with the requisite majority.

Likely market impact

This is a routine governance update confirming leadership continuity at the top for another 3 years. The near-unanimous approval reflects strong shareholder support for the current management and is unlikely to have any material effect on the stock price.