News Stocks Eros International Media Limited Shareholders Approve Director Appointments and Company Name Change Through Postal BallotEros International Media Limited Shareholders Approve Director Appointments and Company Name Change Through Postal Ballot
Eros International Media Limited shareholders approved three key resolutions through postal ballot on March 11, 2026. The company appointed Mr. Anand Shankar Kamtam and Mr. Vijay Gulab Chand as directors with 99.76% and 99.75% approval respectively. Most significantly, shareholders overwhelmingly supported changing the company name to 'Eros Media Technologies Limited' with 99.86% votes in favor. The e-voting process from February 08 to March 09, 2026 involved 67,385 shareholders with C R Bhagwat & Associates serving as scrutinizer.
*this image is generated using AI for illustrative purposes only.
Eros International Media Limited has successfully concluded its postal ballot process, with shareholders approving three significant corporate resolutions through remote e-voting. The company announced the results on March 11, 2026, following the completion of voting procedures that demonstrated strong shareholder support across all proposed measures.
Postal Ballot Process Details
The postal ballot notice was issued on December 12, 2025, with the e-voting period spanning from February 08, 2026 at 9:00 a.m. IST to March 09, 2026 at 5:00 p.m. IST. The company engaged Central Depository Services (India) Limited as the e-voting service provider, while C R Bhagwat & Associates served as the scrutinizer to ensure transparent voting procedures.
| Parameter: | Details |
|---|---|
| Total Shareholders on Record Date: | 67,385 |
| Record Date: | January 30, 2026 |
| Voting Method: | Remote e-voting |
| Scrutinizer: | C R Bhagwat & Associates |
Director Appointments Approved
Shareholders approved the appointment of two new directors with overwhelming support. Mr. Anand Shankar Kamtam (DIN: 02942810) was appointed as Director through an ordinary resolution, while Mr. Vijay Gulab Chand (DIN: 11425232) was appointed as Non-Executive Non-Independent Director.
| Resolution: | Votes Polled | Votes in Favour | Votes Against | Approval Rate |
|---|---|---|---|---|
| Anand Shankar Kamtam Appointment: | 15,990,817 | 15,951,777 | 39,040 | 99.76% |
| Vijay Gulab Chand Appointment: | 15,991,042 | 15,951,488 | 39,554 | 99.75% |
Company Name Change Resolution
The most significant resolution involved changing the company's name from 'Eros International Media Limited' to 'Eros Media Technologies Limited'. This special resolution received the highest approval rate among all three proposals, with 99.86% of votes cast in favor.
| Voting Category: | Shares Held | Votes Polled | Approval Percentage |
|---|---|---|---|
| Promoter and Promoter Group: | 15,589,951 | 15,585,751 | 100.00% |
| Public Institutions: | 1,235,155 | 0 | 0.00% |
| Public Non-Institutions: | 79,089,013 | 405,291 | 94.47% |
| Total: | 95,914,119 | 15,991,042 | 99.86% |
Voting Participation Analysis
The postal ballot demonstrated strong promoter group participation, with 99.97% of their shares being voted. Public institutional investors did not participate in the voting process, while public non-institutional shareholders showed modest participation at 0.51% of their total shareholding. Despite the varied participation rates across categories, all three resolutions achieved the requisite majority for approval.
Regulatory Compliance and Documentation
The postal ballot process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, along with relevant SEBI regulations. The scrutinizer's report confirmed that all voting procedures were conducted fairly and transparently, with results being made available on the company's website at www.erosmediaworld.com . The resolutions are deemed passed effective March 09, 2026, the last day of the e-voting period, as per Secretarial Standard 2 guidelines.
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