TIINDIANSETube Investments of India LimitedMediumNeutral
Announced Fri, 20 Mar · 18:11 IST

Tube Investments of India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot

Board & Shareholder Meetings View source PDF

TIINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹2552.40
prior close
₹2524.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.2-2.1-1.7+0.4+4.9+0.6-1.7+0.4+1.6+9.3+20.7+19.4+27.9
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AI summary

Tube Investments of India Limited conducted a postal ballot via remote e-voting from 18th February 2026 to 19th March 2026. Two special resolutions were put to shareholders, both of which passed with overwhelming majority. The first resolution re-appointed Mr. Anand Kumar (DIN: 00818724) as an Independent Director for a second term of 5 years (24th March 2026 to 23rd March 2031), receiving 97.08% votes in favour (15.08 crore shares) and 2.92% against. The second resolution re-appointed Mr. V S Radhakrishnan (DIN: 08064705) as an Independent Director for a second term of 5 years (5th July 2026 to 4th July 2031), receiving 99.37% in favour (15.43 crore shares) and 0.63% against. Out of 1,16,733 total shareholders holding 19.38 crore shares, only 1,012 shareholders participated in the e-voting. The scrutinizer, Mr. R. Sridharan, confirmed both resolutions were passed with the requisite majority.

Likely market impact

This is a routine corporate governance announcement with no material impact on the stock price. The very high approval percentages (97% and 99%) reflect strong shareholder confidence in the existing board composition. Investors should note continuity in the independent director team for the next five years.