Announced Mon, 15 Jun · 16:05 IST
Postal Ballot Results: 5 Resolutions Passed, 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
All 5 resolutions at Uday Jewellery Industries' postal ballot (ended June 14, 2026) passed with 100% approval. Sanjay Kumar Sanghi appointed Chairman & MD (Corporate Affairs); Ritesh Sanghi redesignated as Joint MD (Operations); Bhavna Sanghi (same surname as promoters) added as Director and Whole-Time Director; Donthineni Srilekha regularized as Independent Director. Promoters (~74% stake) did not vote on resolutions 1–4 but voted 100% in favor on resolution 5.
Likely market impact
Promoter family member Bhavna Sanghi joins board and management; all changes approved with full majority from public shareholders.