VARDMNPOLYNSEVardhman Polytex Limited· Textiles - CottonMediumNeutral
Announced Mon, 23 Feb · 16:50 IST

Vardhman Polytex Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

VARDMNPOLY · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vardhman Polytex Limited conducted a postal ballot to appoint Mr. Shubham Jain (DIN: 11397574) as an Independent Director of the company. The special resolution was passed with overwhelming majority, receiving 15,57,48,966 votes in favour (99.9987%) and only 2,051 votes against (0.0013%) out of 15,57,51,017 total votes polled, representing 33.94% of the paid-up share capital. The e-voting period ran from January 24, 2026 to February 22, 2026. The scrutinizer's report by Khanna Ashwani & Associates confirmed the resolution was passed with the requisite majority.

Likely market impact

This is a routine corporate governance action adding a new independent director to the board, with near-unanimous shareholder approval. No material impact on stock price is expected from this announcement.