SPML Infra Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
SPMLINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SPML Infra Limited has submitted the scrutinizer's report for a postal ballot conducted between April 4 and May 3, 2026. Two resolutions were voted upon: (1) Approval of Related Party Transactions with JWIL Infra Ltd (Ordinary Resolution) - passed with 99.88% in favour (4,220,864 votes) and 0.12% against (5,245 votes); (2) Payment of remuneration to Mr. Tharuvai Venugopal Rangaswami, Nominee Director in addition to sitting fees (Special Resolution) - passed unanimously with 100% in favour (26,152,777 votes). Total of 130 shareholders participated in the voting process. Votes aggregating to 40,66,373 equity shares from 3 shareholders were treated as invalid and not considered. Both resolutions have been approved by shareholders with the requisite majority.
The passing of both resolutions, particularly the related party transactions with JWIL Infra Ltd and director remuneration, indicates shareholder approval of key corporate governance matters. The overwhelmingly high approval rates suggest strong investor confidence in these decisions.