Declaration of the Results of Postal Ballot
27-09-2025: The Members of the Company have approved the Ordinary Resolution as set out in Postal Ballot Notice dated 21st August, 2025.
Pursuant to Section 108 and Section 110 of the Companies Act, 2013 (‘the Act’) read with Rule 20 and Rule 22 of Companies (Management and Administration) Rules, 2014, approval of Members of the Company was sought through Postal Ballot vide Notice dated 21st August, 2025. Based on the Scrutinizer’s Report dated 27th September 2025, the Result of the Postal Ballot, as declared, was as under:
1. Appointment of Ms. Priya Nair (DIN: 07119070) as the Managing Director & Chief Executive Officer of the Company for a term of five consecutive years with effect from 1st August 2025 to 31st July 2030.
Particulars | Number |
|---|---|
Number of valid Electronic Votes received | 201,03,14,514 |
Votes in favour of the resolution | 200,79,18,757 |
Votes against the resolution | 23,95,757 |
Accordingly, the Resolution as set out in the Postal Ballot Notice dated 21st August, 2025 was passed by Members with the majority of 99.8809% votes cast in favour of resolution.