Empower India Shareholders Approve MD and Auditor Appointments
Management Change
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
27th Jul 2026
Key Details
Voting Process and Timeline
- Postal Ballot Notice dated: 19th June 2026
- Record date for voting eligibility: 12th June 2026
- Total number of shareholders on record date: 310,450
- Remote e-voting period: 25th June 2026 (9:00 AM IST) to 24th July 2026 (5:00 PM IST)
- Voting concluded on: 24th July 2026
- E-voting facility provider: National Securities Depository Limited (NSDL)
- Scrutinizer: M/s. Hemang Satra & Associates, Practicing Company Secretaries
Resolution 1: Appointment of Managing Director
- Description: Approval of appointment of Mr. Rajesh Chavan (DIN: 07011994) as Managing Director of the Company
- Resolution Type: Ordinary Resolution
- Promoter Interest: Not interested in the resolution
- Voting Results:
- Total votes cast: 122,156,704
- Votes in favor: 122,134,107 (99.98% of votes cast)
- Votes against: 22,597 (0.02% of votes cast)
- Number of members voted: 247
- Resolution passed: Yes
Resolution 2: Appointment of Statutory Auditors
- Description: Appointment of M/s. Nagadheep Sathyanarayana and Co., Chartered Accountants (FRN: 008003S/ PRN: 018163) as Statutory Auditors
- Resolution Type: Ordinary Resolution
- Promoter Interest: Not interested in the resolution
- Voting Results:
- Total votes cast: 122,162,704
- Votes in favor: 122,139,557 (99.98% of votes cast)
- Votes against: 23,147 (0.02% of votes cast)
- Number of members voted: 249
- Resolution passed: Yes
Shareholding and Voting Breakdown
- Total outstanding shares: 1,163,798,560
- Promoter and Promoter Group: 174,781,787 shares (0 votes polled)
- Public Institutions: 300,000 shares (0 votes polled)
- Public Non-Institutions: 988,716,773 shares (122,156,704 votes polled, representing 12.3551% of outstanding shares)
- Overall voting participation: 122,156,704 votes (10.4964% of total outstanding shares)
Scrutinizer's Report Details
- Scrutinizer: Hemang Satra, Proprietor of M/s Hemang Satra & Associates (Membership No. ACS 54476, CP No. 24235)
- Report dated: 25th July 2026
- No postal ballot forms received during voting period
- All voting conducted through remote e-voting facility
- Scrutinizer maintained register with necessary entries as per Companies (Management and Administration) Rules, 2014
Additional Information
- The information has been made available on the company's website (www.empowerindia.in) and NSDL's e-voting website (https://www.evoting.nsdl.com)
- Company CIN: L51900MH1981PLC023931