Voting Results under Regulation 44(3) of SEBI (LODR) Regulations, 2015 in respect of EGM held on April 01, 2025
SURAJEST · price
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Suraj Estate Developers held an EGM on April 1, 2025, where shareholders approved three resolutions with overwhelming majority (over 99.85% assent on each). Two special resolutions approved the appointment of Mr. Jitendra Shantilal Mehta and Mr. Vinod Prabhudas Chithore as Independent Directors for a 5-year term from January 8, 2025 to January 7, 2030. An ordinary resolution approved the appointment of Mrs. Elizabeth Lavanya Thomas as Non-Executive, Non-Independent Director, liable to retire by rotation. Voting was conducted via remote e-voting, with about 70% of total shares (approximately 3.34 crore out of 4.78 crore shares) participating. Promoters holding 3.32 crore shares voted 100% in favour of all three resolutions.
The appointments strengthen the company's board with two new independent directors and one non-executive director, improving corporate governance. The near-unanimous approval reflects strong shareholder confidence, though the dissent was minimal and no material price action is expected from this routine governance event.