Stylam Industries Postal Ballot Approves Five Resolutions

Stylam Industries shareholders approved all five resolutions via postal ballot, including two director appointments and two remuneration hikes.
Nobuyoshi Sakai was appointed as Non-Executive Nominee Director with near-unanimous 99.99% approval from votes cast.
Santosh Kumar Agrawal's appointment as Independent Director passed as a special resolution despite significant institutional opposition (60.37% against).
Special resolutions for increased remuneration of MD Jagdish Gupta and WTD Manit Gupta passed with 99.99% approval from voting shareholders.