Result of the Postal Ballot by Remote e-Voting process and submission of Scrutinizer''s Report dated March 12, 2026.
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Zenotech Laboratories Ltd announced the results of a postal ballot conducted via remote e-voting, with the voting window running from February 10, 2026 to March 11, 2026. The single item of business was the appointment of Mr. Nikkhil Venilal Kothhari (DIN: 11501373) as an Independent Director of the Company, which was passed as a Special Resolution with the requisite majority. Out of 10,613 shareholders on record, the total voting turnout was 69.12% of paid-up equity capital (6,10,30,568 shares), with 99.90% of valid votes cast in favour and only 0.10% against. The promoter group (holding 4,20,14,578 shares) voted 100% in favour, and among public non-institutions, 74.24% voted in favour versus 25.76% against. The Scrutinizer, Mr. Mahadev Tirunagari, has confirmed the voting process was conducted in compliance with the Companies Act, 2013 and SEBI Listing Regulations.
The appointment of Mr. Nikkhil Venilal Kothhari as an Independent Director is now effective, strengthening the board's composition. The overwhelming shareholder approval (99.90% in favour) signals strong confidence in the board's choice, with no material governance concerns raised. This is a routine corporate action and is unlikely to cause any significant movement in the stock price.