Voting results of the postal ballot through remote e-voting and Scrutinizer Report.
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Awaiting price reaction for this filing.
TANFAC Industries Limited conducted a postal ballot through remote e-voting from July 21 to August 19, 2025 to seek shareholder approval for appointing Dr. M. Anuradha Reddy (DIN:11123956) as a Non-Executive-Independent Director, which required a Special Resolution. Out of 9,975,000 total shares, shareholders cast 5,217,554 valid votes (52.31% participation), with 5,217,415 votes (99.9973%) in favour and just 139 votes (0.0027%) against. The promoter group voted 100% in favour with 5,168,081 shares, while public institutions contributed 40,856 votes and public non-institutions contributed 8,617 votes, with overwhelming support from all categories. The scrutinizer confirmed the resolution was passed with the requisite majority.
This is a routine corporate governance announcement. The appointment of a new Independent Director will strengthen the company's board composition, and the near-unanimous shareholder approval reflects strong investor confidence. No material impact on share price is expected from this disclosure.