Swan Defence and Heavy Industries Limited has submitted to the Exchange a copy of the Scrutinizers Report of Postal Ballot. Further, the Company has informed the Exchange regarding Voting Results.
SWANDEF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swan Defence and Heavy Industries Limited conducted a postal ballot through remote e-voting for appointing Mr. Jayaramakrishnan Kannan as Non-Executive Independent Director. The voting concluded on May 19, 2026. Out of 52.68 million shares outstanding, 48.27 million votes were cast representing a 91.62% turnout. The special resolution passed overwhelmingly with 99.9967% votes in favor (48.26 million votes) against only 1,572 votes. Promoter shareholders and public institutional investors voted unanimously in favor, while a small portion of public non-institutional shareholders voted against.
The appointment of Mr. Jayaramakrishnan Kannan as Non-Executive Independent Director has been approved with near-unanimous shareholder support, strengthening the company's board governance. This is a routine governance change with no material impact expected on the stock price.