Rane Holdings Limited Approves Director Commission
Rane Holdings Limited (RHL) announced on March 26, 2026, that a special resolution to approve payment of commission to Non-Executive Directors and Independent Directors was approved by its members. The resolution was passed during a postal ballot concluded on March 26, 2026.According to a report by Scrutinizer A. K. Jain & Associates, a total of 127 members voted, representing 76,980,71 shares. Of these, 100 members voted in favor of the resolution, representing 74,91,719 shares, while 27 members voted against, representing 2,06,352 shares. This equates to a 97.32% approval rate.
The postal ballot notice was initially sent via email to shareholders on February 24, 2026. The e-voting commenced on February 25, 2026, and concluded on March 26, 2026. Advertisements regarding the postal ballot notice were published in Business Standard and Hindu Tamizh Thisai newspapers on February 24, 2026. The notice was also made available on the company's website, www.ranegroup.com.
| Resolution 1: (Special) | Resolution 1: (Special) |
|---|---|
| To approve payment of commission to Non- Executive Directors and Independent Directors | |
| No . of members voted | No . of shares voted |
| 127 | 76 , 98,071 |
| 127 | 76 , 98 , 071 |
| 100 | 74 , 91 ,719 |
| 27 | 2 , 06 ,352 |
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