VIJAYABSEVijaya Diagnostic Centre LtdMediumNeutral
Announced Mon, 11 May · 14:22 IST

Voting Results and Scrutinizer Report on Postal Ballot

Management Changes View source PDF

VIJAYA · price

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▲ 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
+0.5%1-day move
₹1275.00
prior close
₹1356.80
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AI summary

Vijaya Diagnostic Centre Limited conducted a postal ballot to appoint two Independent Directors. Mr. Ravi Shankararamiah and Dr. Sasikala Paruchuri Kola were appointed with overwhelming shareholder approval (over 99.99% in favour for both resolutions). The e-voting period ran from April 10 to May 9, 2026, with participation from 63,545 shareholders on the record date. Both Special Resolutions were passed with the requisite majority under the Companies Act, 2013. The scrutinizer's report confirms valid voting with minimal opposition (623 votes against and 444 votes against for the two resolutions respectively).

Likely market impact

The appointment of two independent directors with near-unanimous shareholder support is a positive governance signal, indicating strong institutional confidence in the board composition without raising concerns about shareholder dissent.