V-Guard Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
VGUARD · price
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V-Guard Industries has announced the results of its postal ballot conducted via remote e-voting from February 7 to March 8, 2026, with both resolutions passed with overwhelming majority. Resolution 1 (Special): Re-appointment of Prof. Biju Varkkey as Non-Executive Independent Director for a second and final 5-year term (May 26, 2026 to May 25, 2031) was approved with 99.93% votes in favor (38.89 crore shares) and just 0.07% against. Resolution 2 (Ordinary): Appointment of Dr. Reena Philip as Non-Executive Non-Independent Director for a 4-year term (January 28, 2026 to January 27, 2030) was approved with 99.92% votes in favor (38.89 crore shares) and 0.08% against. The promoter group, holding 23.24 crore shares (about 53% of equity), voted 100% in favor of both resolutions. M. D. Selvaraj of MDS & Associates LLP served as the scrutinizer for the process.
Both director appointments are now formalised, ensuring board continuity. The near-unanimous shareholder support (over 99.9% in favor) signals strong investor confidence in the current board composition, with negligible dissent and no material governance concerns.