Vishnu Chemicals Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
VISHNU · price
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Vishnu Chemicals Limited has announced the results of its postal ballot conducted through remote e-voting for the re-appointment of Mr. Ch. Siddartha as Joint Managing Director for another 5-year term from May 02, 2026 to May 01, 2031, along with remuneration approval. The resolution was passed with overwhelming shareholder support, with 1,166,453 votes in favor (98.47%) and 18,036 votes against (1.53%) out of 1,184,489 total votes cast. The e-voting period ran from March 24, 2026 to April 22, 2026. The company noted that promoters are interested in this resolution, which is typical for director re-appointments.
This is a routine governance matter confirming the continued leadership of the Joint Managing Director. The strong shareholder approval (98.47%) indicates confidence in the existing management. No material impact on stock price expected as this is a standard re-appointment.