Sterlite Technologies Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
STLTECH · price
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Sterlite Technologies Limited has announced the results of its postal ballot (e-voting) conducted from January 30, 2026 to February 28, 2026, with the scrutinizer's report dated March 2, 2026. Two special resolutions were approved by shareholders: (1) re-appointment of Mr. Bangalore Jayaram Arun as an Independent Director with 98.60% votes in favour, and (2) appointment of Mr. Sathia Jeeva Krishnan Chidambara as an Independent Director with 99.99% votes in favour. Out of 2,24,585 members holding 48.81 crore shares, 715 members representing 29.74 crore shares (60.94% of outstanding equity) cast their votes. The promoter group voted 100% in favour of both resolutions, while public institutional and non-institutional holders also showed strong support.
Both director appointments were approved with overwhelming shareholder support, reinforcing the board's independent oversight. This is a routine corporate governance matter with no material impact expected on the stock price.