Eveready Industries India Limited has announced the successful completion of its postal ballot voting process, with all four proposed resolutions receiving overwhelming shareholder approval on January 12, 2026. The company declared the voting results on January 13, 2026, following the scrutinizer's certification of the electronic voting process.

Postal Ballot Overview

The postal ballot process was conducted entirely through remote e-voting, utilizing the NSDL platform from December 14, 2025 to January 12, 2026. The voting was based on shareholding records as of the cut-off date of December 5, 2025, with 66,526 total shareholders eligible to participate.

Resolution Results Summary

All four resolutions achieved the required majority, with voting participation representing 63.61% of total outstanding shares. The resolutions covered critical governance matters including director appointments and board restructuring.

Resolution 1: Director Appointment

The appointment of Mr. Aditya Chand Burman (DIN: 00042277) as Non-Executive Non-Independent Director received exceptional support:

Resolution 2 & 3: Independent Director Re-appointments

Both special resolutions for re-appointing Independent Directors achieved strong approval:

Resolution 4: Board Expansion

The special resolution to increase the maximum number of Directors to 16 received substantial backing:

Voting Process and Compliance

The postal ballot was conducted in strict compliance with the Companies Act, 2013 and SEBI Listing Regulations. Scrutinizer A.K. Labh (FCS: 4848) oversaw the entire process, ensuring transparency and regulatory adherence. The voting results were unblocked in the presence of two independent witnesses on January 12, 2026, after the conclusion of the e-voting period.

The company has made the voting results and scrutinizer's report available on its website at www.evereadyindia.com and on the NSDL e-voting platform. The results have also been communicated to all stock exchanges where the company's shares are listed, including NSE, BSE, and Calcutta Stock Exchange.

Shareholder Participation Analysis

The voting demonstrated strong shareholder engagement across all categories:

The successful completion of this postal ballot strengthens Eveready Industries' governance structure and provides the board with enhanced flexibility to drive strategic initiatives through the expanded directorship framework.

Eveready Industries India Limited has announced a comprehensive postal ballot process to seek shareholder approval for critical board governance matters. The company issued the postal ballot notice on November 5, 2025, with the cut-off date set for December 5, 2025.

Key Resolutions for Shareholder Approval

The postal ballot encompasses four significant resolutions that will shape the company's board structure and leadership composition.

Director Appointments and Re-appointments

The company seeks approval for multiple director-related matters through both ordinary and special resolutions:

Mr. Aditya Chand Burman (DIN: 00042277) has been proposed for appointment as Non-Executive Non-Independent Director, effective November 5, 2025. He currently serves as Director on the board of Dabur India Ltd and brings extensive experience from the consumer goods sector. A Chemistry Graduate from the University of Kansas, Mr. Burman is part of the strategic leadership team at Dabur, which operates across 120 countries.

Independent Director Re-appointments

Mr. Sourav Bhagat (DIN: 09040237), currently serving his first term as Independent Director since January 28, 2021, is proposed for re-appointment for a second term of three consecutive years from January 28, 2026, to January 27, 2029. Mr. Bhagat is a Partner at Fox Mandal law firm with nearly two decades of experience in corporate law and regulatory matters.

Mr. Sunil Sikka (DIN: 08063385), whose current term expires on April 20, 2026, is proposed for re-appointment as Independent Director for three consecutive years from April 21, 2026, to April 20, 2029. With over 40 years of experience in consumer electricals and lighting industry, he previously served as President of Havells India Ltd.

Board Expansion Initiative

The company proposes to increase the maximum number of directors from fifteen to sixteen. The current board strength stands at fourteen directors. This expansion aims to strengthen the board's collective capabilities and enhance governance standards by inducting additional seasoned professionals with specialized knowledge.

Voting Process and Timeline

The remote e-voting process will be conducted exclusively through electronic means via NSDL's platform:

Shareholders whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date are entitled to vote. The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility.

Compliance and Governance

The postal ballot process complies with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice has been sent electronically to shareholders whose email addresses are registered with the company, its Registrar and Transfer Agent (Maheshwari Datamatics Private Limited), or depositories.

The resolutions, if passed by requisite majority, will be deemed to have been passed on the last date of voting, January 12, 2026. Results will be communicated to stock exchanges and made available on the company's website and NSDL's e-voting portal within statutory timelines.