Zaggle Prepaid Ocean Services Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
ZAGGLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zaggle Prepaid Ocean Services Limited conducted a postal ballot to re-appoint Mr. Avinash Ramesh Godkhindi as Managing Director and Chief Executive Officer. The resolution was passed as an Ordinary Resolution with overwhelming shareholder approval. Out of 134.46 million total shares, approximately 75.48 million votes were cast (56.14% voter turnout). The resolution passed with 99.9964% votes in favour (75,482,095 votes) and only 2,753 votes against. Promoter and promoter group voted entirely in favour (100%), institutional investors also voted 100% in favour, while public non-institutions had 99.95% in favour. The e-voting period ran from April 5, 2026 to May 4, 2026, and the resolution is deemed passed as of May 4, 2026. This is a routine governance matter confirming continuity of leadership.
Shareholders have overwhelmingly approved the re-appointment of the existing CEO, indicating confidence in current management. This is a positive signal for operational continuity with no immediate impact on the stock, as no leadership change is involved.