Outcome of Postal Ballot
XPROINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Xpro India Limited has announced results of its Postal Ballot for re-appointment of Sri Sidharth Kumar Birla as Chairman in whole-time employment for three years (March 1, 2026 to February 28, 2029). The resolution was passed as a Special Resolution with overwhelming shareholder approval - 13,623,331 votes in favour (99.9962%) versus only 511 votes against out of 13,623,842 total votes cast by 116 members. Promoter and Public Institutional shareholders voted 100% in favour. The scrutinizer's report confirms compliance with Companies Act, 2013 requirements. The voting period ran from April 3, 2026 to May 2, 2026.
The near-unanimous re-appointment signals shareholder confidence in current management. Stable leadership continuity is positive for the company's strategic direction. No governance concerns as the resolution passed with overwhelming majority.