Postal Ballot results: Mukherjee appointed as Director and MD

Board & Shareholder Meetings View source PDF Explain this filing

VOITHPAPR · price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+1.7% vs market

Other Textile Products peers, median of 185sector-0.7%+0.7% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 0.7 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Voith Paper Fabrics India held a postal ballot from 17 Sep to 16 Oct 2026 via remote e-voting. Both special resolutions passed with 99.9995 percent in favour. Resolution 1 appointed Mr. Asesh Kumar Mukherjee as Director. Resolution 2 appointed him as Managing Director. 32.55 lakh votes polled (74.11 percent of total shares). Promoters fully supported; only 16 public votes against.

Likely market impact

New Managing Director appointed with near-unanimous shareholder approval, signalling smooth leadership transition.