Visaka Industries Limited has submitted the Exchange a copy Srutinizers report of undefined held on April 10, 2025
VISAKAIND · price
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Visaka Industries has announced the results of a postal ballot conducted via remote e-voting, which concluded on April 10, 2025. Two special resolutions were put to vote: (1) reappointment of Smt. Vanitha Datla as a Non-Executive Independent Director for another 5-year term from May 26, 2025, and (2) reappointment of Shri Appnender Babu Gogineni as a Non-Executive Independent Director for another 5-year term from May 26, 2025. Both resolutions were passed with overwhelming majority — 99.90% in favour for Vanitha Datla and 99.34% in favour for Appnender Babu Gogineni. Out of 8.64 crore total shares, about 4.27 crore shares (49.44%) were voted. The Scrutinizer, B V Saravana Kumar (Practicing Company Secretary), confirmed the results as fair and transparent.
This is a routine governance action with no material impact on the stock. Both independent directors retain their board positions for another five years, ensuring board continuity. The near-unanimous shareholder support signals strong confidence in the existing board composition.