NewsGanga Bath Fittings Limited Declares E-Voting Results for Postal Ballot on Statutory Auditor AppointmentGanga Bath Fittings Limited Declares E-Voting Results for Postal Ballot on Statutory Auditor Appointment
Ganga Bath Fittings Limited has declared the results of its postal ballot e-voting process for appointing Mrs. Santoki Delvadia & Associates as statutory auditors. The voting conducted from March 24 to April 22, 2026 received unanimous approval with 15,679,148 votes in favor and zero votes against from 24 participating shareholders. The process was scrutinized by CS Vivek J Vakharia and conducted in compliance with SEBI regulations and Companies Act provisions.
*this image is generated using AI for illustrative purposes only.
Ganga Bath Fittings Limited has successfully concluded its postal ballot e-voting process and declared the results for the appointment of statutory auditors. The company conducted the voting process in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Voting Process Details
The e-voting process was conducted through the National Securities Depository Limited (NSDL) platform. The voting period commenced on Tuesday, March 24, 2026 at 09:00 A.M. (IST) and concluded on Wednesday, April 22, 2026 at 05:00 P.M. (IST). The postal ballot notice was dispatched on March 23, 2026 to shareholders whose names appeared on the register as of the cut-off date of March 20, 2026.
Resolution and Voting Results
The sole resolution on the postal ballot was the appointment of Mrs. Santoki Delvadia & Associates, Chartered Accountants as statutory auditors. The voting results demonstrated unanimous support from participating shareholders:
| Category | Members Voting | Votes Cast | Percentage of Total Votes |
|---|---|---|---|
| Promoter and Promoter Group | 6 | 15,359,148 | 97.96% |
| Public | 18 | 320,000 | 2.04% |
| Total Votes in Favor | 24 | 15,679,148 | 100.00% |
| Votes Against | 0 | 0 | 0.00% |
Shareholder Participation
Out of the total 1,136 shareholders on record as of the cut-off date, 24 shareholders participated in the e-voting process. The company held a total of 22,207,848 shares, with 15,679,148 votes cast during the postal ballot, representing participation from both promoter and public categories.
Scrutinizer Report
CS Vivek J Vakharia, Proprietor of M/s. Vivek J Vakharia & Associates, served as the appointed scrutinizer for the e-voting process. The scrutinizer confirmed that the voting was conducted in accordance with Section 110 of the Companies Act, 2013 and Rule 22 of the Companies (Management and Administration) Rules, 2014. The results were unblocked and downloaded from the NSDL website on April 22, 2026 at 05:30 PM in the presence of independent witnesses.
Company Information
Ganga Bath Fittings Limited is registered in Gujarat with its office located at Survey No.121, B/h. Shantidham Residency, Near Vraj Industrial Estate, Opp. Khodiyar Agri Floor Mill, Veraval (Shapar)-360 024, Dist: Rajkot, Gujarat. The company is led by Managing Director Jimmy Tusharkumar Tilva (DIN: 08950646), who signed the declaration of voting results submitted to the stock exchange.
Historical Stock Returns for Ganga Bath Fittings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.27% | 0.0% | +14.49% | -4.82% | -57.72% | -57.72% |
What factors led to the change in statutory auditors, and how might this transition impact the company's financial reporting practices?
How could the low shareholder participation rate of 2.1% affect future corporate governance decisions at Ganga Bath Fittings?
What strategic initiatives might the new auditors recommend to strengthen Ganga Bath Fittings' financial controls and compliance framework?
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