Lyons Corporate Market Ltd. Appoints Madhu Jain as Independent Director
Lyons Corporate Market Ltd. announced the passage of a special resolution to appoint Mrs. Madhu Jain (DIN: 07129506) as an Independent Director. The resolution was approved by shareholders through a postal ballot conducted remotely via e-voting between February 18, 2026, and March 19, 2026.The company appointed Mr. Babu Lal Patni, Practicing Company Secretary, as the scrutinizer for the postal ballot process. The results, as per Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 and 110 of the Companies Act, 2013, are detailed below:
Voting Results – Item No. 1: Appointment of Mrs. Madhu Jain
| Category | Mode of Voting | No. of Shares | No. of Votes Polled | % of Votes in Favour | No. of Votes Against | % of Votes Against |
|---|---|---|---|---|---|---|
| Promoter & Promoter Group | Remote E-Voting | 24,37,500 | 23,14,350 | 94.95% | 0 | 0.00% |
| Public - Institutional Holders | Remote E-Voting | 23,14,350 | 94.95% | 0 | 0.00% | |
| Public - Non-Institutional | Remote E-Voting | 22,40,500 | 9,55,609 | 42.65% | 0 | 0.00% |
| Total | 46,78,000 | 32,69,959 | 69.90% | 0 | 0.00% |
The total number of shareholders on record date was 2017. The results of the remote e-voting and the Scrutinizer's Report are available on the company's website: www.lyonscorporate.com.
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