Subros Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
SUBROS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Subros Limited has submitted the results of a Postal Ballot conducted via remote e-voting between February 11, 2026 and March 12, 2026. Two ordinary resolutions were put to vote. Resolution 1 sought the appointment of Mr. Naohisa Kuriyama (DIN: 10047865) as a Nominee Director, which was passed with 93.69% votes in favor (52,910,761 shares) and 6.31% against. Resolution 2 sought the appointment of Mr. T sunenobu Hori (DIN: 11488901) as an Alternate Director, which was passed with 89.49% votes in favor (50,539,505 shares) and 10.51% against. Out of 55,333 total shareholders on the cut-off date, 329 participated in voting. The Scrutinizer, Ravi Sharma of RSM & Co., confirmed both resolutions were carried with the requisite majority. Both appointees appear to be Japanese nationals, likely representing the company's foreign joint venture partner.
Both director appointments have been formally approved by shareholders, bringing clarity to the board composition. This is a routine corporate governance update with no material impact on stock price, though it confirms continued foreign partner involvement in management.