WORTHPERINSEWorth Peripherals LimitedMediumNeutral
Announced Sat, 18 Apr · 12:54 IST

Worth Peripherals Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Management Changes View source PDF

WORTHPERI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹140.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0+0.7-0.1+1.4-2.1-3.5-2.5-3.9-5.7+5.9
Up moveDown movePending
AI summary

Worth Peripherals Limited conducted a postal ballot voting between March 18 and April 16, 2026. Two resolutions were passed with overwhelming shareholder approval (over 99.99%). First, shareholders approved the re-appointment of Smt. Amarveer Kaur Chadha as Whole-Time Director for 3 years starting June 1, 2026. Second, shareholders approved payment of fees/compensation exceeding SEBI permissible limits to Executive Directors who are Promoters or Promoter Group members. Both resolutions required promoter group voting participation, which voted entirely in favor. A total of 49 shareholders participated, casting 410,617 votes representing 2.6% of total outstanding shares.

Likely market impact

The passing of both resolutions is positive for the company as it ensures continuity of leadership and clarifies compensation arrangements for promoter directors. The near-unanimous approval indicates strong shareholder support for the company's governance structure.