Voting Results and Scrutinizer''s Report on Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Stanrose Mafatlal Investments & Finance Ltd held a postal ballot from September 15 to October 14, 2025, to seek shareholder approval for the appointment of Shri Shobhan I. Diwanji as an Independent Director for a 5-year term effective August 1, 2025. Out of 3,967,920 total outstanding shares, 2,099,772 shares (52.92%) were voted, with 96.77% voting in favour and 3.23% against. The promoter and promoter group voted overwhelmingly in favour (100% of 1,920,385 polled shares), while public non-institutions showed mixed support at 62.24% in favour. The resolution was passed as a Special Resolution with the requisite majority.
This is a routine governance update confirming the appointment of an independent director. No material impact on shareholders or stock price is expected, as the resolution was widely supported, particularly by the promoter group.