SUBEXLTDBSESubex LtdMediumNeutral
Announced Mon, 18 May · 14:12 IST

Postal Ballot Notice dated April 13, 2026 - voting results along with the Scrutinizer''s Report

Management Changes View source PDF

SUBEXLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹10.45
prior close
₹10.15
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.1-0.4-0.4-0.9-1.8+2.6+5.5+6.3+4.8-1.0+12.4+24.0
Up moveDown movePending
AI summary

Subex Limited conducted a postal ballot to appoint Mr. Stephane Raymond Marie Le Letty (DIN: 11628981) as a Non-Executive and Non-Independent Director of the Company. The resolution was passed on May 16, 2026 with 96.36% shareholder approval (9,897,454 votes in favor out of 10,271,311 total votes cast). Only 1.83% of outstanding shares participated in the voting. The appointment was confirmed through remote e-voting conducted between April 17, 2026 and May 16, 2026, with 547 shareholders voting in favor and 63 voting against. The scrutinizer's report from BMP & Co. LLP confirmed the resolution passed with the requisite majority.

Likely market impact

The appointment of Mr. Stephane Raymond Marie Le Letty as a Non-Executive Director has been approved by shareholders. This is a routine board appointment that expands the board composition without immediate material impact on stock price.