Univastu India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Univastu India Limited has submitted the scrutinizer report and voting results for a postal ballot conducted between March 6, 2026 and April 4, 2026. The special resolution sought approval for the continuation of Mr. Dhananjay Barve's directorship as a Non-Executive Independent Director after attaining the age of 75 years. Out of 3,59,86,770 total shares, 2,46,28,354 votes were polled (68.44% turnout). The resolution was passed with overwhelming majority with 2,46,28,136 votes in favor (99.99%) and only 218 votes against (0.01%). Promoter and Promoter Group voted 100% in favor, while Public Non-Institutional shareholders showed 99.94% approval.
The passing of this resolution allows Mr. Dhananjay Barve to continue serving as an Independent Director beyond the age of 75 years, which is a routine governance matter. The near-unanimous approval indicates strong shareholder confidence in the board composition and has no immediate material impact on stock price.