Scrutinizer report 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 with e-voting from 5 April to 4 May 2026. Out of 5 resolutions voted on, 3 passed and 2 failed. The two failed resolutions were both related party transactions: material RPTs with Preferred Brands International and Mars Food UK for FY 2026-27 (only 1.32% assent), and continuation of transactions with Mars Food UK for FY 2025-26 (only 1.28% assent). Promoter group abstained from voting on these related party resolutions. The three passed resolutions were: revision in remuneration for MD Mr. Dilen Gandhi (95.47% assent), revision in remuneration for WTD Mr. Shashank Shekhar (95.47% assent), and remuneration approval for Independent Chairman Mr. Pradeep Poddar (95.47% assent). Total valid votes cast: 44-45 shareholders.
The rejection of related party transactions with Mars Food UK signals shareholder concern about related party dealings. However, director remuneration revisions passed comfortably, indicating continued board confidence. The company may need to renegotiate terms with Mars Food UK or seek alternative approvals.