Scrutinizer''s report for postal ballot.
SUVIDHAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suvidhaa Infoserve Limited conducted a postal ballot via remote e-voting from April 11, 2026 to May 10, 2026. All three resolutions were passed with overwhelming shareholder approval (99.99% in favour in each case). The resolutions included: (1) re-appointment of Shail Shah as Independent Director for a second 5-year term effective February 17, 2026, (2) re-appointment of Ritesh Chothani Shah as Independent Director for a second 5-year term effective February 17, 2026, and (3) increase in authorised share capital with consequent alteration to the Memorandum of Association. Total votes cast were 85,886,528 out of 209,806,690 outstanding shares (40.94% turnout). Promoter group showed 100% voting participation while public institutional shareholders showed 0% participation.
The re-appointment of both independent directors ensures continuity in board governance. The increase in authorised share capital suggests the company may be planning future equity fundraising or dilution, which could impact existing shareholder value.