Shareholders rejected the appointment of Mr. Manoj Bawa as Non-Executive Independent Director with 89.58% votes against the resolution.
The postal ballot was conducted via remote e-voting from April 12 to May 11, 2026, as per SEBI Listing Regulations.
Mehul Jain was appointed as scrutinizer for the process, with CDSL serving as the e-voting service provider.
The result represents a significant governance event where shareholder approval was not obtained for board composition.