Key Quantitative Figures
- Total votes in favor: 31,323,656 votes (99.95%)
- Number of members voting in favor: 674 members
- Cut-off date for membership: July 31, 2026
Dates of Action
- Board meeting approval: July 25, 2026
- Postal ballot dispatch: August 4, 2026
- Remote e-voting period: August 5, 2026 (9:00 AM IST) to September 3, 2026 (5:00 PM IST)
- Scrutinizer's report submission: September 4, 2026
- Results declaration: September 4, 2026 at 11:00 AM
- Resolution deemed passed: September 4, 2026
Parties Involved
- Nominee Director: Sri R.J. Ramesh (DIN: 11821767)
- Nominating entity: Tamilnadu Industrial Investment Corporation Limited (TIIC)
- Scrutinizer: Sri K Sankara subramanian, Practising Company Secretary (Membership No. F11241/ COP: 15994)
- Voting platform: National Securities Depository Limited (NSDL)
- Stock exchanges: BSE and NSE
Director Appointment Details
- Sri R.J. Ramesh appointed as Non-Executive Nominee Director
- Not liable to retire by rotation
- Originally appointed as Additional Director effective July 25, 2026
- Appointment based on nomination from Tamilnadu Industrial Investment Corporation Limited
Voting Process
- Conducted through remote e-voting via NSDL platform
- Notice sent electronically to registered email addresses
- Advertisement published in Business Standard and Dinamalar newspapers on August 5, 2026
- Results posted on company website (www.spbltd.com) and NSDL website (www.evoting.nsdl.com)
- Results intimated to BSE and NSE
Resolution Authority
The Board of Directors and Company Secretary were authorized to perform all necessary acts to give effect to the resolution.