Announced Mon, 15 Jun · 15:57 IST
Postal Ballot: 5 Resolutions Passed, Promoter Family Member Joins Board
Price
▲ 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
-0.3%1-day move
₹151.55
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.3-0.9+0.3-1.0-3.6-1.0-4.3-2.0——
Up moveDown movePending
AI summary
Uday Jewellery shareholders approved all 5 postal ballot resolutions (e-voting ended June 14, 2026). Sanjay Kumar Sanghi appointed as Chairman & MD (Corporate Affairs); Ritesh Kumar Sanghi redesignated as Joint MD (Operations). Bhavna Sanghi—sharing CMD's surname—was appointed as Director and Whole-Time Director, indicating promoter family entry. Donthineni Srilekha regularized as Independent Director. All passed with ~100% in favor; voter turnout was low at 3.7%.
Likely market impact
Promoter family expands on board with Bhavna Sanghi's appointment. Ritesh Sanghi's shift from MD to Joint MD suggests internal restructuring.