Scrutinizer''s Report_Postal Ballot
SGL · price
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Awaiting price reaction for this filing.
STL Global Limited conducted a postal ballot via remote e-voting from March 10, 2025 to April 8, 2025, seeking shareholder approval for a special resolution to regularize the appointment of Ms. Payal Garg (DIN: 10888198) as a Non-Executive Independent Woman Director. Out of 14,898 shareholders on record, a total of 18,059,345 votes were polled, representing 65.78% of the outstanding shares of 27,452,680. Promoters voted unanimously in favor with all 18,052,571 shares, while public non-institutional shareholders cast 6,774 votes, with 95.85% in favor and 4.15% against. Overall, the resolution passed with overwhelming support — 99.9984% in favor and only 281 votes (0.0016%) against. The scrutinizer, Vijay Mourya & Associates, confirmed the voting process was conducted fairly and the resolution was passed with the requisite majority.
The appointment of Ms. Payal Garg as Independent Woman Director is now formally regularized, strengthening board composition with an independent woman director as required under the Companies Act. The near-unanimous approval signals strong shareholder confidence, with no material dissent expected to affect stock price.