News Stocks NCC Limited Shareholders Approve Appointment of Sumit Banerjee as Independent DirectorNCC Limited Shareholders Approve Appointment of Sumit Banerjee as Independent Director
NCC Limited has successfully completed the postal ballot process for appointing Sri Sumit Banerjee as Independent Director, with shareholders showing overwhelming support at 99.97% approval. The e-voting process concluded on January 27, 2026, with 1,267 members participating and 1,166 voting in favor. The company maintained full regulatory compliance throughout the process, with KFin Technologies facilitating the e-voting and Ravi & Subramanyam Company Secretaries serving as scrutinizer.
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NCC Limited has announced the successful completion of its postal ballot process for the appointment of Sri Sumit Banerjee as an Independent Director. The company submitted the scrutinizer's report and voting results to the stock exchanges on January 28, 2026, following the conclusion of the remote e-voting process.
Postal Ballot Results
The shareholders of NCC Limited have accorded their approval for the appointment of Sri Sumit Banerjee (DIN: 00213826) as an Independent Director through a special resolution. The voting process demonstrated strong shareholder support for the proposed appointment.
| Voting Parameter | Details |
|---|---|
| Total Members Voted | 1,267 |
| Members in Favor | 1,166 |
| Members Against | 72 |
| Members Abstained | 29 |
| Total Votes Cast | 38,49,11,819 |
| Votes in Favor | 38,47,88,496 (99.97%) |
| Votes Against | 1,00,062 (0.03%) |
Voting Process Timeline
The postal ballot process was conducted in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company appointed Ravi & Subramanyam Company Secretaries as the scrutinizer for the voting process.
| Timeline Details | Date |
|---|---|
| Postal Ballot Notice | December 17, 2025 |
| Cut-off Date | December 19, 2025 |
| Notice Dispatch | December 26, 2025 |
| Voting Commencement | December 29, 2025 (9:00 AM IST) |
| Voting Conclusion | January 27, 2026 (5:00 PM IST) |
| Scrutinizer Report | January 28, 2026 |
Category-wise Voting Analysis
The voting results showed broad-based support across different shareholder categories. The promoter and promoter group demonstrated complete support for the resolution, while public shareholders also showed overwhelming approval.
| Shareholder Category | Votes Polled | Votes in Favor | Support Percentage |
|---|---|---|---|
| Promoter and Promoter Group | 139,602,508 | 139,602,508 | 100.00% |
| Public - Institutions | 159,201,919 | 159,128,930 | 99.95% |
| Public - Non Institutions | 86,084,131 | 86,057,058 | 99.97% |
Regulatory Compliance
The company ensured full compliance with regulatory requirements during the postal ballot process. KFin Technologies Limited was appointed to provide e-voting facility to the members. The postal ballot notice along with explanatory statement was sent to all members whose email addresses were registered with the company as on the cut-off date of December 19, 2025.
Public notices regarding the postal ballot were published in Financial Express (English) and Mana Telangana (Telugu) newspapers on December 27, 2025. The voting was conducted exclusively through remote e-voting, with physical postal ballot forms being dispensed with in compliance with MCA circulars.
Documentation and Disclosure
The scrutinizer's report and voting results have been made available on the company's website at www.ncclimited.com . The company has submitted all required documentation to both NSE and BSE, ensuring complete transparency and regulatory compliance in the appointment process.
Historical Stock Returns for NCC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.24% | +0.11% | -8.54% | -34.33% | -38.19% | +148.40% |
