Avio Smart Market Stack re-appoints Independent Director with 100% approval
Avio Smart Market Stack Limited announced the results of its postal ballot conducted for the re-appointment of Mr. Krishna Kishore Madicharla as an Independent Director. The resolution received 201,216,747 votes in favour, representing 100.00% of the total votes polled, with only 9,136 votes against. The e-voting process, managed by NSDL, was open from May 28, 2026, to June 26, 2026, and the results were declared on June 29, 2026.

*this image is generated using AI for illustrative purposes only.
Avio Smart Market Stack Limited has secured shareholder approval to re-appoint Mr. Krishna Kishore Madicharla as an Independent Director. The resolution was passed with an overwhelming majority during a postal ballot process conducted via remote e-voting, which concluded on June 26, 2026. This decision ensures the continuity of leadership within the company's governance structure.
The postal ballot notice was issued on May 27, 2026, under Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The e-voting period was open from May 28, 2026, to June 26, 2026, allowing shareholders holding shares as of the cut-off date of May 22, 2026, to participate. The Scrutinizer's Report, submitted by Shaik Ibraheem of SI and Associates, confirmed the validity of the process.
Voting Results Summary
The special resolution regarding the re-appointment of Mr. Krishna Kishore Madicharla (DIN: 07582428) received significant support from the shareholders. The total number of votes polled far exceeded the votes cast against the resolution, reflecting strong investor confidence in the director's continued tenure.
| Resolution | Votes In Favour | Votes Against | Invalid Votes | Total Votes Polled |
|---|---|---|---|---|
| Re-appointment of Mr. Krishna Kishore Madicharla | 201,216,747 (100.00%) | 9,136 (0.00%) | 0 | 201,225,883 |
The Scrutinizer verified the votes cast in favour or against the resolution based on reports generated from the E-Voting System provided by National Securities Depository Limited (NSDL). Following the review, the votes were unblocked on June 27, 2026, and the results were declared on June 29, 2026. The resolution is deemed to have been passed on the last date of remote e-voting, June 26, 2026.
The detailed results and the Scrutinizer's Report have been made available on the company's website and the NSDL e-voting portal for shareholder reference.
What strategic initiatives will Mr. Madicharla prioritize during his new term to drive company growth?
How will the re-appointment influence Avio Smart Market Stack's governance policies and shareholder engagement strategies?
What impact will this leadership continuity have on the company's stock performance and investor sentiment in the near term?




















