Announced Sun, 22 Mar · 13:15 IST

Synergy Green Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

SGIL · 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
+1.4%1-day move
₹500.00
prior close
₹493.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.2+1.2+1.3+1.4-1.2-1.2-5.0-4.0-2.6+3.0+8.0+5.0+17.6
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AI summary

Synergy Green Industries has announced the results of its Postal Ballot conducted via remote e-voting from February 20 to March 21, 2026. All five resolutions were passed with near-unanimous shareholder approval, with 10,290,387 votes (66.21% of total shares) participating. Resolutions included the appointment of two new Independent Directors (Mr. Deepak Dhadoti and Mrs. Meghana Mulye), reappointment of Chairman & Managing Director Mr. Sachin Shirgaokar and Wholetime Director Mr. Vendavagali Srinivasa Reddy (both for 3 years with revised remuneration from April 1, 2026), and a designation change for Mr. Sohan Shirgaokar from Joint Managing Director to Non-Executive Director. Promoter and promoter group held 10,794,229 shares (69.44%), and public non-institutions cast 4,511,456 shares. The only dissenting votes (37 shares each) came on resolutions 3 and 4 regarding the reappointment and remuneration of the two executive directors.

Likely market impact

For shareholders, this is a routine procedural update with no material business change. The near-100% approval signals strong shareholder confidence, including on the revised remuneration for the top executives, with negligible opposition. No expected impact on stock price.