outcome of Postal ballot ended on 04 May 2026.
TASTYBITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tasty Bite Eatables Ltd conducted a postal ballot for 5 resolutions. Two ordinary resolutions on related party transactions with Mars Food UK and Preferred Brands International failed to pass with overwhelming 98%+ dissent from public shareholders and institutional investors. The promoter group abstained from voting on these items. Three special resolutions on revising remuneration for Managing Director Dilen Gandhi, Whole-Time Director Shashank Shekhar, and Independent Director Pradeep Poddar all passed with approximately 95.47% shareholder approval. The voting took place from April 5 to May 4, 2026, with 45 total voters participating on the management remuneration items and 44 on the related party items.
The failed related party transaction approvals may require the company to seek fresh shareholder mandates or restructure its dealings with Mars Food UK. The passed resolutions on director remuneration are positive for corporate governance continuity.