Revised filing of postal ballot result dated 12.06.2025
TEAMGTY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Times Guaranty Limited has filed revised postal ballot results for two resolutions voted on by shareholders between 14 May and 12 June 2025. Resolution 1 (ordinary) approved the regularization of appointment of Mrs. Anita Rajendra Malusare (DIN: 07773062) as Non-Executive Director, with 69,11,500 shares voting in favour and just 1 share against out of 6,911,501 polled shares. Resolution 2 (special) approved the change of the company's name along with corresponding alterations to the Memorandum and Articles of Association, also passing with 100% of polled votes in favour. Promoters holding 67,37,423 shares (100% of their holding) voted entirely in favour of both resolutions. Total voter turnout was about 76.85% on the 20,463 shareholders on record, with the company having 89,93,149 outstanding shares.
Both resolutions cleared with overwhelming support and minimal dissent, so no immediate governance risk. The name change is the key development for shareholders to watch — a new corporate name will follow, which could affect brand identity and stock identification (BSE: 511559 / NSE: TIMESGTY), though trading continues under the existing symbol until any change is formally announced.