VISHNUNSEVishnu Chemicals LimitedMediumNeutral
Announced Fri, 24 Apr · 23:50 IST

Vishnu Chemicals 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

VISHNU · 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
+1.2%1-day move
₹580.30
prior close
₹581.35
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.8+2.5+2.5+1.2+0.6+2.6+5.8+4.4+3.1+3.4+3.4+3.9+9.4
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AI summary

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.

Likely market impact

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.