Scrutinizer Report for Postal Ballot
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Awaiting price reaction for this filing.
Ador Multi Products Limited (BSE: 523120) conducted a postal ballot through e-voting between 21st May 2025 and 19th June 2025 to seek shareholder approval for a special resolution appointing Mr. Sandeep Ahuja as a Director and Independent Director. The notice was issued on 16th May 2025, with the same date set as the cut-off for voting eligibility; e-voting was facilitated by NSDL. Out of the valid votes cast, 33 members holding 21,55,614 equity shares (99.9976%) voted in favour, while only 2 members holding 51 shares (0.0023%) voted against. No votes were declared invalid. The Scrutinizer (Dinesh Birla & Associates, Practicing Company Secretaries) has confirmed that the special resolution was passed with the requisite majority.
Mr. Sandeep Ahuja's appointment as Independent Director is now formally approved by shareholders, strengthening the board with near-unanimous backing. The overwhelming approval margin means no governance overhang and is unlikely to move the stock price meaningfully.