Intimation of Voting Results and Scrutinizer''s Report- Postal Ballot
ZAGGLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zaggle Prepaid Ocean Services Ltd has announced the results of a postal ballot for re-appointing Mr. Avinash Ramesh Godkhindi as Managing Director and Chief Executive Officer. The resolution was passed as an Ordinary Resolution with overwhelming shareholder approval. Promoters voted 100% in favour (59.37 million shares), institutional investors also voted 100% in favour (10.27 million shares), and public non-institutional shareholders approved with 99.95% in favour (5.85 million shares polled). Overall, 75.48 million votes were cast with 99.9964% in favour. The e-voting period ran from April 5 to May 4, 2026.
The continued leadership of Avinash Ramesh Godkhindi as CEO/MD provides stability and continuity in company operations. The near-unanimous shareholder approval signals strong confidence in the current management team and is broadly positive for the stock.