SAB Industries Completes Postal Ballot with 100% Approval for Director Resolutions
SAB Industries Limited successfully completed its postal ballot process with shareholders providing 100% approval for two special resolutions regarding Independent Director Shri Humesh Kumar Singhal. The resolutions approved his continuation beyond 75 years until September 2026 and reappointment for a second five-year term from October 2026 to September 2031, demonstrating strong shareholder confidence in the company's governance.
*this image is generated using AI for illustrative purposes only.
SAB Industries Limited has successfully concluded its postal ballot process, with shareholders unanimously approving key resolutions regarding the continuation and reappointment of an Independent Director. The company announced the results on December 29, 2025, following the completion of remote e-voting on December 28, 2025.
Postal Ballot Results
Based on the scrutinizer's report, shareholders have passed both special resolutions proposed in the postal ballot notice dated November 13, 2025, with unanimous approval through remote e-voting process. The voting results demonstrated strong shareholder confidence with 100% votes cast in favor of both resolutions.
| Resolution Details: | Approval Status | Votes Polled | Votes in Favor |
|---|---|---|---|
| Continuation of Directorship beyond 75 years: | Approved | 57,99,638 | 100% |
| Reappointment for second term: | Approved | 57,99,638 | 100% |
| Voting Process: | Remote e-voting | ||
| Last Date of Voting: | December 28, 2025 |
Director Continuation and Reappointment
Shareholders have approved the continuation of Shri Humesh Kumar Singhal (DIN: 00044328) as Independent Director beyond 75 years of age, effective from January 12, 2026, to September 30, 2026. Additionally, they have approved his reappointment as Non-Executive Independent Director for a second consecutive term of five years, from October 1, 2026, to September 30, 2031.
Voting Process Details
The postal ballot was conducted exclusively through remote e-voting, with the record date set as November 24, 2025. The company had 1,947 shareholders on the record date. Sushil K Sikka from S.K. Sikka & Associates, a qualified Company Secretary (FCS 4241), served as the scrutinizer for the voting process. The remote e-voting facility was available from November 29, 2025, at 9:00 AM to December 28, 2025, at 5:00 PM.
| Postal Ballot Parameters: | Details |
|---|---|
| Record Date: | November 24, 2025 |
| Total Shareholders: | 1,947 |
| Scrutinizer: | Sushil K Sikka (FCS 4241) |
| Scrutinizer Report Date: | December 29, 2025 |
| Votes Polled Percentage: | 38.13% of outstanding shares |
| Total Votes Polled: | 57,99,638 |
Regulatory Compliance and Documentation
The voting results and scrutinizer's report have been made available on the company's website and on the Central Depository Services (India) Limited's e-voting platform. The company has submitted formal minutes of the special resolutions to BSE Limited on January 15, 2026, signed by Company Secretary Gurpreet Kaur (FCS-16116). This disclosure complies with Regulation 30, 44, and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The successful completion of this postal ballot process with unanimous shareholder approval ensures continuity in SAB Industries' board composition and maintains the company's commitment to strong corporate governance practices.
Historical Stock Returns for SAB Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -4.88% | -5.27% | -35.88% | -31.81% | +228.59% |
17
