Sundram Fasteners Limited Announces Voting Results for 16th Postal Ballot
March 19, 2026 – Sundram Fasteners Limited announced the results of its 16th Postal Ballot (remote e-voting) conducted between February 16, 2026, and March 17, 2026.The company held 79,767 shares outstanding as of the cut-off date of January 30, 2026.
A resolution was passed regarding the re-appointment and remuneration of Ms. Arathi Krishna as Managing Director for another five years, from May 3, 2026, to May 2, 2031.
Voting Results Summary:
| Agenda Item Description | Type of Resolution | Modeof Voting | Whether Promoter/ Promoter Group are interested in the agenda/ resolution? | Remarks |
|---|---|---|---|---|
| Approval of the re-appointment and remunerationof Ms Arathi Krishna (DIN 00517456) as Managing Director of the Company for another term of five (5) re years from May 3, 2026, to May 2, 2031 (both days inclusive) by way of an Ordin Resolution | Ordinary | Remote E-Voting | Resolution with than more requisite majority |
Results of Remote E-Voting:
The total number of shares held was 21,01,28,370. Votes were cast via remote e-voting.
| Mode of Voting | No. of shares held | No. of votes polled | %of Votes Polled on outstandi nq shares | No. of Votes - in favour | No. of Votes - against | o/o of Votes in favour on votes polled | o/o of Votes against on votes polled | ||
|---|---|---|---|---|---|---|---|---|---|
| Ordinary Resolution | 9,86,45,543 | 9,86,29,487 | 99.98 | 9,86,29,487 | 100.00 | ||||
| Approval of the re-appointment and remuneration of MsArathi Krishna (DIN: 00517456)as Managing Director of the Company for anotherterm of five (5) consecutive years from May 3, 2026, to May 2, 2031 | Promoter and Promoter | E-Voting | 9,86,45,543 | 9,86,29,487 | 99.98 | 9,86,29,487 | 100.00 | ||
| Public- Non Institutions | E-Voting | 4.02,01,623 | 12,55,728 | 3.12 | 12,38,583 | 17,145 | 98.63 | 1.37 |
The resolution passed with 91.54% of votes in favor.
Karthikeyan Ganapathy, Practising Company Secretary, acted as the Scrutinizer for the process.
Source:
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