Outcome of Postal Ballot for appointment of Dr. Ram Sewak Sharma, together with the Scrutinizer''s Report on Voting Result.
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Voith Paper Fabrics India conducted a postal ballot (e-voting) that concluded on 17th April 2025 to appoint Dr. Ram Sewak Sharma (DIN: 02166194) as an Independent Director for a 5-year term from 1st March 2025 to 28th February 2030. The special resolution was approved with overwhelming support — 99.99% of votes cast were in favour (32,55,117 shares) versus just 463 shares against (0.01%). Out of 5,480 eligible shareholders, only 54 participated in the voting, with the promoter group voting 100% in favour. The scrutinizer, P.C. Jain & Co., confirmed the resolution was passed with the requisite majority.
This is a routine independent director appointment with near-unanimous shareholder approval, suggesting strong governance endorsement. Investors should note Dr. Ram Sewak Sharma's appointment (effective March 2025) for board composition changes, but it is unlikely to materially impact the stock price.