Postal Ballot: Manager Re-appointment Approved by Shareholders

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close

+10.2%1-day move

₹5.81

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————+10.2+5.0-0.2+4.8-0.3-5.2-10.8—+29.1—

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AI summary

Williamson Financial Services shareholders approved one special resolution via postal ballot (remote e-voting, 6 Mar–4 Apr 2026): re-appointment of Mr. Shyam Ratan Mundhra as Manager and payment of remuneration. 20 members voted in favour (52,37,356 shares, 98.87%); 1 member voted against (59,985 shares, 1.13%). No invalid votes. Resolution passed with requisite majority on 4 April 2026.

Likely market impact

Manager Shyam Ratan Mundhra's re-appointment and remuneration confirmed with overwhelming support. Minimal dissent (1.13%). No material price impact expected.