Recode Studios appointed Garima Bansal as Chief Marketing Officer and Senior Management Personnel effective October 7, 2026. The appointment was disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bansal holds a Bachelor's degree in Engineering (Chemical) and brings approximately one and a half years of experience in the chemicals and manufacturing segment of the beauty and cosmetics industry. Her background includes understanding product formulation, manufacturing processes, and consumer product dynamics, which the company states supports its marketing, branding, and product positioning strategies.

Relationship disclosure

The filing explicitly discloses that Garima Bansal is the daughter of Dheeraj Bansal, the Managing Director and Chairman of Recode Studios. This relationship is a material fact for investors assessing governance structures within the senior management team.

Appointment details

The company indicated that her technical perspective is intended to support marketing and growth strategies. No other changes to the board or senior management were reported in this specific intimation.

Recode Studios Limited shareholders unanimously approved all seven resolutions proposed at its fifth Annual General Meeting held on September 30, 2026. The meeting, conducted via video conferencing, saw 100% of votes cast in favor of each item on the agenda.

The company declared a dividend on equity shares for the financial year ended March 31, 2026. Shareholders also adopted the audited financial statements and reports of the Board of Directors and Auditors for FY26.

Key Governance Appointments

The AGM addressed several critical governance matters, including the re-appointment of leadership and the engagement of statutory auditors. The voting results indicate strong alignment between promoters and public shareholders on these strategic decisions.

Voting Participation and Scrutiny

The meeting was scrutinized by Sumit Ghai of Lal Ghai & Associates. Remote e-voting was open from September 27 to September 29, 2026. On the record date of September 23, 2026, there were 467 shareholders on the register. During the meeting, four promoter group members and five public shareholders participated via video conferencing.

A total of 4,152,998 votes were polled across all categories. Promoters and their group held 3,783,398 shares, while public institutions held 357,600 shares and public non-institutions held 12,000 shares. All categories voted 100% in favor of every resolution, with zero votes against or invalid votes recorded.

What the Numbers Show

The data reveals a highly concentrated shareholder base with unanimous support for management proposals. Promoters hold approximately 91% of the total outstanding shares (3,783,398 out of 4,152,998). Given that promoters voted 100% in favor, the outcome of any ordinary resolution requiring a simple majority was mathematically guaranteed regardless of public shareholder participation. The 100% approval rate from public shareholders (both institutional and non-institutional) suggests no dissent or abstention among the minority stake, reflecting complete alignment with the board's agenda.