Outcome of Postal Ballot (Revised)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Williamson Financial Services Ltd concluded its Postal Ballot process on 4th April 2026, with shareholders approving the only resolution on the ballot through remote e-voting conducted via NSDL from 6th March to 4th April 2026. The special resolution sought approval for the re-appointment of Mr. Shyam Ratan Mundhra as Manager of the Company along with his remuneration. A total of 52,37,356 votes (98.87%) from 20 members were cast in favour, while only 59,985 votes (1.13%) from 1 member were voted against. No invalid votes were recorded. Mr. Atul Kumar Labh of A.K. Labh & Co., Practicing Company Secretaries, served as the scrutinizer and confirmed the resolution was passed with the requisite majority.
Shareholders have overwhelmingly approved (nearly 99% in favour) the re-appointment of the Manager, ensuring continuity of the current management. This is a routine corporate governance approval and is unlikely to have any material impact on the stock price.