MD appointment not effective due to e-voting glitch at AGM
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Standard Capital Markets informs BSE that the appointment of Mr. Krishnan as Managing Director did not take effect. At the September 29, 2026 AGM, a technical glitch in electronic voting prevented shareholders from voting on this agenda item, so the required approval could not be obtained. Mr. Krishnan continues as Executive Director. The Board will propose his appointment again at the next general meeting.
Procedural delay in leadership transition. Mr. Krishnan stays as Executive Director until shareholders approve his MD appointment at the next general meeting.