National Plastic Industries shareholders approved the re-appointment of Mr. Vipul Desai as Independent Director for a second five-year term via postal ballot.
The resolution passed with 99.9989% of valid votes cast in favor, representing 32.20% of the total outstanding equity shares.
Promoter & promoter group voted 100% in favor, contributing 56.80% of their 5.17 million shares to the total 2.94 million votes cast.
Public non-institutional shareholders cast 1,564 votes (97.95% in favor), representing only 0.04% of their 3.96 million shareholdings.