Outcome of postal ballot
TEXINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Texmaco Infrastructure & Holdings Limited announced the results of its postal ballot conducted via remote e-voting from 1st July to 30th July 2025. The single special resolution was to appoint Mr. Arvind Kumar Chaubey as Manager of the Company. The resolution was approved with overwhelming support — 84,49,52,37 (84.495 million) valid votes cast in favor representing 99.99% of votes polled, while only 6,535 votes (0.01%) were against. 1,550 votes were abstained. Scrutinizer Geeta Roy Chowdhury confirmed the resolution was passed with the requisite majority. The postal ballot notice was originally dated 16th May 2025 and dispatched to members on 30th June 2025.
This is a routine corporate governance announcement confirming shareholder approval for the appointment of a new Manager. With near-unanimous support (99.99% in favor), there is no negative signal for shareholders. The filing has no direct material impact on stock price or shareholder value.