Announced Tue, 5 May · 17:50 IST

Please find attached herewith the Postal Ballot - Scrutinizer''s Report

Management Changes View source PDF

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
-2.3%1-day move
₹9.09
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3-3.2-1.4-6.1-5.7-9.9-7.0-15.3-14.7
Up moveDown movePending
AI summary

Svaraj Trading and Agencies Limited conducted a postal ballot through remote e-voting from April 5, 2026 to May 4, 2026. Shareholders approved three resolutions with 100% votes in favour. Two new Independent Directors were appointed: Mrs. Jyotsana Vishnu Joshi and Mrs. Urvashi Tilkesh Sharma, both as Special Resolutions. Additionally, Mr. Mukesh Vaishnav was reclassified from the Promoter Group category to the Public category via an Ordinary Resolution. The scrutinizer confirmed all resolutions passed with the requisite majority.

Likely market impact

The appointment of two independent directors strengthens board independence, which is generally positive for governance. The reclassification of Mr. Mukesh Vaishnav reduces the promoter group's shareholding percentage, potentially affecting voting power dynamics.