Rane Holdings Limited Approves Director Compensation via Postal Ballot
Rane Holdings Limited (RHL) announced on March 26, 2026, that shareholders have approved a special resolution to authorize payment of commission to Non-Executive Directors and Independent Directors. The approval followed a postal ballot concluded on March 26, 2026.A total of 16,375 shareholders were on record as of February 20, 2026. A total of 76,98,071 shares were polled, representing 53.92% of the outstanding shares. Shareholders in favor of the resolution totaled 74,91,719, representing 97.32% of the votes polled.
The e-voting process commenced on February 25, 2026, and concluded on March 26, 2026. The votes were unblocked on March 26, 2026, in the presence of Ms. Hemalatha and Mr. Akshar Gulecha.
M/s. A. K. Jain & Associates acted as the Scrutinizer for the e-voting process and submitted a report confirming the results. The postal ballot notice was sent to shareholders via email on February 24, 2026, and was also made available on the company's website, www.ranegroup.com.
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