VIVIANANSEViviana Power Tech LimitedLowNeutral
Announced Mon, 9 Mar · 14:36 IST

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

Board & Shareholder Meetings View source PDF

VIVIANA · 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

Awaiting price reaction for this filing.

AI summary

Viviana Power Tech Limited announced the results of its postal ballot concluded on March 5, 2026, with all 7 special resolutions approved. Shareholders cleared the company's migration from the NSE EMERGE (SME) platform to the main board of both NSE and BSE. Two new independent directors — Mr. Laxmi Narayana Mishra and Mr. Sagar Natvarlal Tailor — were appointed for 5-year terms, and the increase in authorised share capital was approved. Remuneration limits for Managing Director Nikesh Choksi and Whole-Time Directors Richi Choksi and Priyanka Choksi were also approved. About 72.5% of total shares (7.34 lakh out of 10.12 lakh) were polled, with only 15 shareholders voting. All resolutions received over 99.9% support from polled votes, with zero votes against in most cases.

Likely market impact

The main board migration is a key positive milestone, which typically brings broader investor visibility, better liquidity and eligibility for institutional investors and index funds. The appointment of independent directors and increase in authorised share capital suggest the company may be preparing for potential fundraising. No negative signals; voting showed overwhelming shareholder support.