Outcome of Postal Ballot
XCHANGING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Xchanging Solutions Limited (a DXC Technology Company) has announced that its shareholders have approved the appointment of Mrs. Padmaja Priyadarshini (DIN: 06416242) as Non-Executive Independent Director through a postal ballot conducted via remote e-voting. The voting period ran from April 3, 2026 to May 2, 2026, with the scrutinizer report dated May 3, 2026. Out of 83,873,369 valid votes cast (75.29% of total voting capital of 111,403,716 shares), 99.91% voted in favour (83,798,737 shares) and only 0.089% voted against (74,632 shares). This is a Special Resolution requiring >75% shareholder approval, and it has been passed with overwhelming majority. The appointment was processed in compliance with SEBI Listing Regulations (Regulation 44(3)) and Sections 108 & 110 of the Companies Act, 2013.
The appointment of Mrs. Padmaja Priyadarshini as an Independent Director strengthens the board's independence and governance structure. The near-unanimous approval (99.91%) signals strong shareholder confidence and is a positive signal for corporate governance, particularly notable for a DXC Technology group company. Minimal dissent suggests no major governance concerns around the appointment.