Kabra Extrusiontechnik Limited announced the results of its postal ballot, with all resolutions duly approved by the members. The remote e-voting process commenced on August 13, 2025, at 9:00 am (IST) and concluded on September 11, 2025, at 5:00 pm (IST).
The resolutions, as outlined in the Postal Ballot Notice dated August 07, 2025, were passed with the requisite majority. M/s. Bhandari & Associates, Practicing Company Secretaries, served as the scrutinizer for the postal ballot process and submitted their report on September 12, 2025.
Details of Resolutions Passed:
1. Appointment of Mr. Bajrang Lal Bagra as Non-Executive Non-Independent Director:
- Votes in favor: 2,28,74,774, constituting 99.99% of valid votes cast.
- Votes against: 2,967, constituting 0.01% of valid votes cast.
2. Appointment of Mr. Munjal Nikunj Kapadia as Non-Executive Independent Director:
- Votes in favor: 2,28,74,624, constituting 99.99% of valid votes cast.
- Votes against: 3,117, constituting 0.01% of valid votes cast.
3. Amendment of the Article of Association to include the clause relating to Chairman Emeritus:
- Votes in favor: 2,28,67,409, constituting 99.95% of valid votes cast.
- Votes against: 10,334, constituting 0.05% of valid votes cast.
4. Appointment of Mr. Shreevallabh Kabra as Chairman Emeritus of the Company:
- Votes in favor: 20,41,668, constituting 99.49% of valid votes cast.
- Votes against: 10,452, constituting 0.51% of valid votes cast.
The voting results and the Scrutinizer's Report are available on the company's website, www.kolsite.com.
The resolutions, as outlined in the Postal Ballot Notice dated August 07, 2025 as per the details above stand passed with requisite majority.
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