The Investment Trust Of India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results along with copy of minutes.
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The Investment Trust of India Limited has submitted the voting results and scrutinizer's report for its postal ballot concluded on June 19, 2025. Two special resolutions were passed with overwhelming majority (99.9987% in favour), covering the appointment of Mr. Sidharth Rath (DIN: 00682901) and Mr. Banavar Anantharamaiah Prabhakar (DIN: 02101808) as Independent Directors for a 5-year term ending May 8, 2030. Out of 7,047 shareholders on record date, 4,00,73,160 votes were polled (76.71% of outstanding shares), with only 507 votes against both resolutions. Promoters voted 100% in favour (3,74,97,446 shares), while public non-institutions saw 23.11% participation, also voting 99.98% in favour. The scrutinizer, Himanshu Gajra & Company, confirmed the resolutions were duly passed.
The company has strengthened its board by formally inducting two new Independent Directors through shareholder approval. With near-unanimous support and no significant dissent, the appointments are seen as broadly endorsed, though this is largely a procedural corporate governance update with no direct material impact on the stock price or business operations.