NewsStocksNalwa Sons Investments Limited Shareholders Approve Re-appointment of Independent Directors Through Postal BallotNalwa Sons Investments Limited Shareholders Approve Re-appointment of Independent Directors Through Postal Ballot
Nalwa Sons Investments Limited shareholders approved the re-appointment of two independent directors through postal ballot on January 10, 2026. Both Mr. Kanwaljit Singh Thind and Mrs. Shruti Shrivastava were re-appointed for second terms of five years each, with both resolutions receiving 79.26% votes in favour. The e-voting process saw participation from 149 shareholders casting 38,73,653 valid votes, with unanimous support from promoters but mixed responses from public shareholders.
*this image is generated using AI for illustrative purposes only.
Nalwa Sons Investments Limited has successfully completed its postal ballot process, with shareholders approving the re-appointment of two independent directors for second terms. The company announced the results on January 10, 2026, following the completion of the e-voting process that concluded on January 9, 2026.
Postal Ballot Results Overview
The postal ballot process addressed two key agenda items, both requiring special resolutions for approval. The voting was conducted entirely through electronic means, with no physical postal ballot forms received during the voting period.
| Parameter: | Details |
|---|---|
| Total Shareholders on Record Date: | 38,606 |
| Cut-off Date for E-voting: | December 5, 2025 |
| E-voting Period: | December 11, 2025 (9:00 AM) to January 9, 2026 (5:00 PM) |
| Total Participants: | 149 shareholders |
| Valid Votes Cast: | 38,73,653 |
Resolution Details and Voting Results
Both resolutions pertained to the re-appointment of independent directors for second terms of five consecutive years each. The voting results demonstrated strong support from the promoter group while showing mixed responses from public shareholders.
Resolution 1: Re-appointment of Mr. Kanwaljit Singh Thind
| Category: | Votes in Favour | Votes Against | Approval Rate |
|---|---|---|---|
| Promoter and Promoter Group: | 28,56,391 | 0 | 100.00% |
| Public Institutions: | 2,12,502 | 29,330 | 87.87% |
| Public Non-Institutions: | 1,532 | 7,73,898 | 0.20% |
| Total: | 30,70,425 | 8,03,228 | 79.26% |
Resolution 2: Re-appointment of Mrs. Shruti Shrivastava
| Category: | Votes in Favour | Votes Against | Approval Rate |
|---|---|---|---|
| Promoter and Promoter Group: | 28,56,391 | 0 | 100.00% |
| Public Institutions: | 2,12,502 | 29,330 | 87.87% |
| Public Non-Institutions: | 1,529 | 7,73,901 | 0.20% |
| Total: | 30,70,422 | 8,03,231 | 79.26% |
Scrutinizer Report and Process
Rajesh Garg of M/s. Rajesh Garg & Co., Practicing Company Secretary, served as the appointed scrutinizer for the postal ballot process. The scrutinizer confirmed that both special resolutions were passed with the requisite majority. The e-voting facility was provided by MUFG Intime India Private Limited, and the votes were unblocked on January 9, 2026, in the presence of two independent witnesses.
Shareholder Participation Analysis
The postal ballot witnessed participation from 149 shareholders out of 38,606 total shareholders on the record date. The voting pattern revealed unanimous support from the promoter and promoter group, strong institutional support, but significant opposition from public non-institutional shareholders. Despite the mixed response from retail investors, both resolutions achieved the necessary majority for approval.
The company completed the dispatch of postal ballot notices through email to all eligible shareholders on December 10, 2025. The entire voting process was conducted electronically, with no physical postal ballot forms received during the designated voting period.
Historical Stock Returns for Nalwa Sons Investments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.74% | -4.54% | -3.76% | -13.21% | -16.83% | +523.02% |
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