News Corporate Actions Repco Home Finance Shareholders Approve Appointment of New Whole-Time Director via Postal BallotRepco Home Finance Shareholders Approve Appointment of New Whole-Time Director via Postal Ballot
Repco Home Finance Limited successfully concluded its postal ballot process with shareholders approving the appointment of Mr. Paiyur Kuppuraman Vaidyanathan as Whole-Time Director. The resolution received overwhelming support with 99.89% votes in favour from 43,596,032 valid votes cast through remote e-voting. The e-voting process conducted from 14th January to 12th February, 2026 saw participation from 179 members, with the scrutinizer confirming compliance with all regulatory requirements.
*this image is generated using AI for illustrative purposes only.
Repco Home Finance Limited has announced the successful completion of its postal ballot process, with shareholders approving the appointment of a new Whole-Time Director. The company submitted the voting results to stock exchanges on 13th February, 2026, following the conclusion of the e-voting period.
Postal Ballot Results
The postal ballot dated 12th January, 2026 sought shareholder approval for the appointment of Mr. Paiyur Kuppuraman Vaidyanathan (DIN: 11234342) as Whole-Time Director. The resolution was overwhelmingly approved by shareholders through remote e-voting.
| Voting Details: | Results |
|---|---|
| Total Outstanding Shares: | 62,561,362 |
| Total Valid Votes: | 43,596,032 |
| Votes Polled (%): | 69.69% |
| Votes in Favour: | 43,549,835 |
| Votes Against: | 46,197 |
| Approval Rate: | 99.89% |
Category-wise Voting Pattern
The voting results demonstrated strong support across all shareholder categories. Promoter and promoter group shareholders showed unanimous support with 100% participation and approval.
| Category: | Shares Held | Votes Polled | % Polled | In Favour (%) | Against (%) |
|---|---|---|---|---|---|
| Promoter Group: | 23,230,606 | 23,230,606 | 100.00% | 100.00% | 0.00% |
| Public Institutions: | 22,895,556 | 20,331,676 | 88.80% | 99.79% | 0.21% |
| Public Non-Institutions: | 16,435,200 | 33,750 | 0.21% | 92.48% | 7.52% |
E-voting Process Details
The postal ballot was conducted exclusively through remote e-voting, managed by KFin Technologies Limited. The e-voting period commenced at 9.00 AM on 14th January, 2026 and concluded at 5.00 PM on 12th February, 2026.
Participation Statistics
- Total Members Voted: 179 members participated electronically
- Valid Votes: 176 members cast valid votes
- Abstained Votes: 3 members representing 2,600 shares abstained
- Invalid Votes: No invalid votes recorded
Scrutinizer Confirmation
Mr. G. Ramachandran of G. Ramachandran & Associates, Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report dated 13th February, 2026 confirmed that all procedural requirements under Section 110 of the Companies Act, 2013 and related rules were properly followed.
The notice was dispatched via email on 12th January, 2026 to all registered shareholders and published in "Financial Express" (English) and "Dinamani" (vernacular) newspapers on 13th January, 2026. The resolution was deemed passed on 12th February, 2026, the last day of voting.
Regulatory Compliance
The postal ballot process was conducted in compliance with Section 110 of the Companies Act, 2013, Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results and scrutinizer's report have been hosted on the company's website at www.repcohome.com for shareholder access.
Historical Stock Returns for Repco Home Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.06% | -0.30% | -0.31% | +5.38% | +9.11% | +50.70% |
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