McLeod Russel Postal Ballot Approves Director Appointments

Key Dates

Record Date (cut-off date for e-voting): 22nd May, 2026
E-voting period: From 09:00 AM IST on Friday, 29th May, 2026 to 05:00 PM IST on Saturday, 27th June, 2026
Resolutions deemed passed: 27th June, 2026
Scrutinizer's Report date: 30th June, 2026

Resolutions Passed

Four resolutions were approved through postal ballot by remote e-voting process:

1. Ordinary Resolution: Re-appointment of Mr. Aditya Khaitan (DIN: 00023788) as Managing Director for 3 years with effect from 17th May, 2026

2. Special Resolution: Payment of Remuneration to Mr. Aditya Khaitan as Managing Director for 3 years with effect from 17th May, 2026

3. Ordinary Resolution: Appointment of Mr. Pradip Bhar (DIN: 01039198) as Director of the Company

4. Special Resolution: Appointment of Mr. Pradip Bhar as Whole-Time Director for 3 years with effect from 27th April, 2026 and payment of remuneration thereof

Shareholder Base

Total number of shareholders on Record Date (22nd May, 2026): 61,400

Voting Results Summary

Overall Participation

Total shares outstanding: 104,455,735
Total votes polled: 19,062,232 (18.25% of outstanding shares)

Resolution 1 (Ordinary - Aditya Khaitan Re-appointment)

Votes in favor: 17,926,412 (94.02% of votes polled)
Votes against: 1,140,006 (5.98% of votes polled)
Invalid votes: 3,430 from 2 members

Resolution 2 (Special - Aditya Khaitan Remuneration)

Votes in favor: 17,890,086 (93.85% of votes polled)
Votes against: 1,172,146 (6.15% of votes polled)
Invalid votes: 3,030 from 1 member

Resolution 3 (Ordinary - Pradip Bhar Director Appointment)

Votes in favor: 17,916,908 (93.99% of votes polled)
Votes against: 1,145,324 (6.01% of votes polled)
Invalid votes: 3,030 from 1 member

Resolution 4 (Special - Pradip Bhar Whole-Time Director)

Votes in favor: 17,914,615 (93.99% of votes polled)
Votes against: 1,145,517 (6.01% of votes polled)
Invalid votes: 3,030 from 1 member

Category-wise Voting Breakdown

Promoter and Promoter Group

Shares held: 6,523,410
Votes polled: 6,399,854 (98.11% of shares held)
100% voted in favor of all resolutions

Public Institutions

Shares held: 2,156,462
Votes polled: 615,968 (28.56% of shares held)
100% voted in favor of all resolutions

Public Non-Institutions

Shares held: 95,775,863
Votes polled: 12,046,410 (12.58% of shares held)
Varied voting patterns with 90.27-90.49% in favor across resolutions

Scrutinizer Details

Name: Atul Kumar Labh, Practicing Company Secretary (Membership No. 4848, CP No. 3238)
Firm: A.K. Labh & Co., Company Secretaries
Witnesses present during result unblocking: Mr. Rohit Kumar and Ms. Anushree Dasgupta (not employed by the company)