SUBEXLTDNSESubex LimitedMediumNeutral
Announced Fri, 20 Mar · 13:00 IST

Postal Ballot Notice dated February 10, 2026 - Voting results along with 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
-6.7%1-day move
₹8.15
prior close
₹8.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-0.2-6.7-6.7-6.7-14.1-18.4-3.4+16.9+12.5+25.9+44.4
Up moveDown movePending
AI summary

Subex Limited announced the results of its postal ballot concluded on March 19, 2026, seeking shareholder approval for two resolutions. Resolution 1 was the appointment of Mr. Venkata Erinti Narayana (DIN: 03345145) as an Independent Director for a 3-year term from December 25, 2025, which was passed with 98.47% votes in favour (1,32,22,405 shares) and only 1.53% against (2,05,792 shares). Resolution 2 was the appointment of Mr. Alok Ohrie (DIN: 01052136) as an Independent Director for a 3-year term from January 4, 2026, which passed with 98.46% in favour (1,32,23,971 shares) and 1.54% against (2,06,308 shares). Both resolutions were passed as Special Resolutions with overwhelming shareholder support. The scrutinizer's report was provided by BMP & Co. LLP, Company Secretaries.

Likely market impact

Both independent director appointments have been formally confirmed with strong shareholder backing (over 98% in favour), strengthening the board composition with no material concerns from investors. This is a routine governance update and is unlikely to have any significant impact on stock price.