Signpost India Limited Announces Successful Postal Ballot Results with Strong Shareholder Support

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Key Highlights

Signpost India Limited announced successful postal ballot results on January 21, 2026, with both key resolutions receiving overwhelming shareholder approval. The appointment of Mr. Sanidhya Mittal as Independent Director achieved 99.9960% approval, while the promoter group reclassification resolution secured 99.9955% support. The e-voting process conducted through NSDL platform from December 22, 2025, to January 20, 2026, demonstrated strong corporate governance with comprehensive shareholder participation across all categories.

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Signpost India Limited has successfully concluded its postal ballot voting process, announcing results on January 21, 2026, that demonstrate strong shareholder confidence in the company's strategic decisions. The voting process, conducted entirely through remote e-voting via the NSDL platform, addressed two critical corporate governance matters with overwhelming approval from shareholders.

Postal Ballot Process Overview

The postal ballot notice was issued on December 17, 2025, with the company completing dispatch of notices electronically to shareholders on December 19, 2025. The e-voting period commenced on December 22, 2025, at 9:00 AM IST and concluded on January 20, 2026, at 5:00 PM IST. As of the cut-off date of December 12, 2025, the company had 17,101 total shareholders eligible to participate in the voting process.

Parameter: Details
Postal Ballot Notice Date: December 17, 2025
E-voting Period: December 22, 2025 to January 20, 2026
Cut-off Date: December 12, 2025
Total Eligible Shareholders: 17,101
Scrutinizer: CS Hitesh J. Gupta

Resolution Results and Voting Details

Both resolutions presented to shareholders achieved remarkable approval rates, reflecting strong alignment between management proposals and shareholder interests. The voting results were scrutinized by CS Hitesh J. Gupta, who was appointed as the scrutinizer at the Board Meeting held on November 11, 2025.

Resolution 1: Independent Director Appointment

The special resolution for appointing Mr. Sanidhya Mittal (DIN: 06579890) as an Independent Director received exceptional support from shareholders across all categories.

Voting Category: Shares Held Votes Polled Polling % Votes in Favor Votes Against Approval %
Promoter Group: 36,206,549 31,819,187 87.88% 31,819,187 0 100.00%
Public Institutions: 57,508 11,519 20.03% 11,519 0 100.00%
Public Non-Institutions: 17,185,943 1,515,213 8.82% 1,513,890 1,323 99.91%
Total: 53,450,000 33,345,919 62.39% 33,344,596 1,323 99.9960%

Resolution 2: Promoter Reclassification

The ordinary resolution for reclassifying certain persons from 'Promoter and Promoter Group' category to 'Public' category also received strong shareholder endorsement.

Voting Category: Shares Held Votes Polled Polling % Votes in Favor Votes Against Approval %
Promoter Group: 36,206,549 27,886,336 77.02% 27,886,336 0 100.00%
Public Institutions: 57,508 11,519 20.03% 11,519 0 100.00%
Public Non-Institutions: 17,185,943 1,515,213 8.82% 1,513,890 1,323 99.91%
Total: 53,450,000 29,413,068 55.03% 29,411,745 1,323 99.9955%

Scrutinizer's Confirmation and Compliance

CS Hitesh J. Gupta, the appointed scrutinizer, confirmed that both resolutions were passed with the requisite majority as per the Companies Act, 2013, and SEBI Listing Regulations. The scrutinizer's report, dated January 21, 2026, validates the integrity of the e-voting process and compliance with all regulatory requirements. The voting results and consolidated scrutinizer's report have been made available on the company's website at www.signpostindia.com and on NSDL's e-voting portal at www.evoting.nsdl.com , ensuring transparency and accessibility for all stakeholders.

Historical Stock Returns for Signpost India

1 Day5 Days1 Month6 Months1 Year5 Years
-3.52%-3.20%-4.63%+2.77%+3.34%-22.71%

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1 Year Returns:+3.34%