Voting Results along with Scrutinizers Report for Postal Ballot
Awaiting price reaction for this filing.
McNally Bharat Engineering Company Limited has submitted the voting results and scrutinizer's report for a postal ballot conducted between 2nd November and 1st December 2025. Three special resolutions were put to shareholders for approval: appointment of Ms. Poonam Singhania as Non-executive Non-independent Director, Mr. Debidas Datta as Independent Director, and Mr. Mehar Chand Thakur as Independent Director. Out of 19,924 total shareholders on record, only 76 participated (1 promoter group entity and 75 public shareholders). All three resolutions were passed with overwhelming support, receiving 30,407,515 votes in favour (99.9999%) against just 18 votes against, representing 91.22% of total outstanding shares polled. The scrutinizer, Prakash Kumar Shaw, confirmed that all resolutions were passed with the requisite majority.
All three director appointments have been formally approved by shareholders, clearing a key corporate governance step. The near-unanimous approval (with the promoter group's 30 million shares driving the outcome) suggests smooth board reconstitution with minimal shareholder dissent.