Voting Result and Scrutinizer''s Report of the Postal Ballot
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SRU Steels Limited has shared the results of a Postal Ballot (via remote e-voting) held between December 31, 2025 and January 29, 2026. All four resolutions put to shareholders were passed with the required majority. Resolution 1 appointed Mr. Akhil Arora as Executive Managing Director for 5 years (Nov 13, 2025 to Nov 12, 2030) with 99.86% votes in favour. Resolution 2 appointed Mr. Anand Singh as Non-Executive Non-Independent Director with 90.24% in favour. Resolutions 3 and 4 (Special Resolutions) appointed Mrs. Meenu Jain and Mr. Naveen Sharma as Non-Executive Independent Directors, passing with 99.86% and 90.24% support respectively. Out of 20,725 total members, only 85 members (holding 228,621 equity shares) participated, which is just 0.38% of the 5.99 crore total outstanding shares. The Promoter and Promoter Group held zero shares and did not vote.
Shareholders have formally approved a new leadership team at SRU Steels, with Mr. Akhil Arora taking charge as Managing Director for a five-year term. The very low voting turnout (0.38% of total shares) means a small group of public shareholders effectively decided the outcome, but all appointments have been legally cleared and are now in effect.