Sundram Fasteners Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
SUNDRMFAST · price
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Sundram Fasteners Limited conducted a postal ballot (remote e-voting) between March 26 and April 24, 2026, to seek shareholder approval for re-appointing Sri Suresh Krishna (DIN: 00046919) as a Non-Executive Director for another 5-year term from July 1, 2026 to June 30, 2031. The resolution was passed as a Special Resolution with 99.83% shareholder approval (16,37,57,855 votes in favor out of 16,40,31,124 total votes polled). Only 0.17% voted against (2,73,269 votes). Promoter and Promoter Group voted almost unanimously (99.98% in favor), while Public Institutional shareholders approved with 96.25% in favor. The scrutinizer confirmed the resolution was duly passed on April 24, 2026.
The re-appointment of Sri Suresh Krishna as Non-Executive Director has been approved with overwhelming shareholder support, indicating continued confidence in the company's board composition. This is a routine governance matter with no direct impact on stock price in the short term.