Outcome of Postal Ballot, Scrutiniser Report and Voting Results.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SSPDL Limited informed BSE that shareholders approved two special resolutions via postal ballot (remote e-voting) on 8 August 2025. Resolution 1 was the reappointment of Sri K. Shashi Chandra as Independent Director for five years (12 Aug 2025 to 11 Aug 2030), which received 95.12% votes in favour (58,47,547 for vs. 3,00,245 against), with 59 members participating. Resolution 2 was the reappointment of Sri P. Muralikrishna as Independent Director for five years (4 Sep 2025 to 3 Sep 2030), which received 95.13% votes in favour (58,64,462 for vs. 3,00,245 against), with 60 members participating. Promoters (holding 69,69,849 shares) voted 100% in favour of both resolutions, while public non-institutional shareholders largely opposed both (around 87-91% against). The e-voting window ran from 10 July to 8 August 2025, and M/s. Savita Jyoti Associates served as the scrutiniser.
Routine board governance action with no material financial impact. Both resolutions were approved comfortably above the special resolution threshold, giving continuity to the independent director board. The strong promoter support (100%) versus public dissent (~87-91% against) is notable but not unusual for promoter-driven companies and is unlikely to affect the stock price.