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Awaiting price reaction for this filing.
Ador Multi Products Limited conducted a Postal Ballot for one Special Resolution: the appointment of Mr. Sandeep Ahuja as a Director and Independent Director of the company. The resolution was passed with overwhelming shareholder support, receiving 99.9976% votes in favour (2,155,614 votes) against just 51 votes in opposition from 35 total voting members. The promoter group voted unanimously in favour with all 1,766,588 shares, while public non-institutions approved it at 99.9869%. Overall voting turnout was about 22.5% of the 9,560,989 outstanding shares, and no invalid votes were recorded. The scrutinizer, Dinesh Birla of Dinesh Birla & Associates, confirmed the resolution was duly passed with the requisite majority on 19th June 2025.
This is a routine governance update with no material impact on shareholders. The addition of a new Independent Director strengthens the board's composition and aligns with regulatory requirements, and the near-unanimous approval signals strong shareholder confidence in the appointment.