Ravi Kumar Distilleries Announces Detailed Postal Ballot Results for Director Appointment

Ravi Kumar Distilleries Limited has announced the detailed voting results of its postal ballot proceedings, confirming the successful appointment of Mrs. Shanmugam Vidhyasankari as Non-Executive Non-Independent Woman Director. The company disclosed comprehensive voting statistics and scrutinizer reports on December 18, following the conclusion of the e-voting process on December 17.

Voting Results and Statistics

The postal ballot resolution received overwhelming support from shareholders, with detailed voting patterns across different shareholder categories. The voting was conducted exclusively through remote e-voting facilitated by KFin Technologies Limited.

Voting Category:	Total Votes	Votes in Favor	Votes Against	Approval %
Promoter & Promoter Group:	56,594.73	56,594.73	0.00	100.00%
Public - Institutional:	0.00	0.00	0.00	0.00%
Public - Non-Institutional:	1,49,050.46	1,25,274.64	23,775.82	84.05%
Overall Total:	1,49,050.46	1,25,274.64	23,775.82	84.05%

Board Resolution and Approval Process

The Board of Directors approved the proposal to conduct a postal ballot at their meeting held on November 13. The process was conducted in accordance with Section 110 of the Companies Act, 2013, and other applicable provisions including SEBI Listing Regulations and various MCA circulars issued between 2020 and 2025.

Process Details:	Information
Board Meeting Date:	November 13
Voting Method:	Remote e-voting only
Cut-off Date:	November 14
Notice Dispatch Date:	November 15
Voting Period:	November 18 - December 17
Result Declaration:	December 18

Director Appointment Details

The ordinary resolution sought approval for the appointment of Mrs. Shanmugam Vidhyasankari (DIN: 06869213) as Non-Executive Non-Independent Woman Director of the company. She was initially appointed by the Board of Directors as an Additional Director with effect from November 13, and the postal ballot formalized her appointment as a regular director liable to retire by rotation.

Appointment Details:	Information
Director Name:	Mrs. Shanmugam Vidhyasankari
DIN:	06869213
Position:	Non-Executive Non-Independent Woman Director
Initial Appointment:	November 13
Status:	Liable to retire by rotation
Professional Background:	Obstetrician and Gynaecologist
Relationship:	Daughter-in-law of Mr. RV Ravikumar, Managing Director

Scrutinizer Report and Compliance

Mr. Uttam Shetty, Proprietor of M/s. Uttam Shetty & Co. (Membership No. FCS8691), served as the scrutinizer for conducting the postal ballot process. The scrutinizer confirmed that the resolution was passed with the requisite majority and all voting procedures were conducted in compliance with applicable regulations.

The voting results have been uploaded on the company's website and KFin Technologies Limited's platform, with formal intimation sent to both BSE (Scrip Code: 533294) and NSE (Scrip Code: RKDL). The company has confirmed full compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and all relevant MCA circulars.

Regulatory Framework and Transparency

The postal ballot process was conducted pursuant to multiple regulatory frameworks including the Companies Act, 2013, Companies (Management and Administration) Rules, 2014, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also complied with various MCA circulars issued between 2020 and 2025, demonstrating adherence to evolving regulatory requirements and maintaining transparency in corporate governance practices.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.18%	+0.96%	-9.62%	-20.54%	-19.82%	+148.39%

Ravi Kumar Distilleries Limited (RKDL), a prominent player in the Indian Made Foreign Liquor (IMFL) sector, has announced significant management changes and released its financial results for the first quarter.

Leadership Continuity

The company's board of directors, in a meeting held on August 6, approved the reappointment of two key executives:

Mr. R V Ravikumar has been reappointed as Managing Director for a three-year term, effective April 1, 2026.
Mr. Badrinath S Gandhi has been reappointed as Whole-time Director, also for a three-year term starting April 1, 2026.

Both reappointments are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Q1 Financial Performance

RKDL reported its unaudited financial results for the quarter ended June 30:

Particulars (Rs. in Lakhs)	Q1 Current	Q1 Previous	% Change
Revenue from Operations	811.36	1,391.80	-41.70%
Total Income	897.19	1,503.07	-40.30%
Total Expenses	894.41	1,499.17	-40.30%
Profit Before Tax	2.78	3.90	-28.70%
Net Profit	2.78	3.90	-28.70%

The company's revenue from operations decreased by 41.70% year-over-year, while net profit declined by 28.70%. Despite the challenging quarter, RKDL managed to maintain profitability.

Other Key Developments

New Auditor Appointment

The board has approved the appointment of M/s. Ramanand & Associates, Chartered Accountants, as the company's Statutory Auditors for a five-year term starting FY 2025-26, subject to shareholder approval.

Annual General Meeting

RKDL's 32nd AGM is scheduled for September 19, at the company's registered office in Puducherry.

Book Closure

The Register of Members and Share Transfer Books will remain closed from September 13 to 19, for the purpose of the AGM.

Financial Position

As of March 31, RKDL reported:

Equity Share Capital: Rs. 2,400.00 lakhs
Reserves (excluding revaluation reserves): Rs. 1,790.14 lakhs

The company continues to operate in a single reportable segment: Manufacturing of Indian Made Foreign Liquor (IMFL).

Investors and stakeholders should note that the financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) and have been reviewed by the company's auditors. The auditors have raised certain qualifications regarding recoverable amounts under dispute and investments, which the company is addressing through various legal and regulatory channels.