News Stocks Sarveshwar Foods Limited Announces Detailed Postal Ballot Results and Scrutinizer ReportSarveshwar Foods Limited Announces Detailed Postal Ballot Results and Scrutinizer Report
Sarveshwar Foods Limited successfully completed its postal ballot process with comprehensive voting results announced on February 9, 2026. Both resolutions for regularisation of Mr. Harbans Lal as Executive Director and Mr. Gagandeep Singh Tuteja as Independent Director received overwhelming approval rates of 99.97% each, with strong promoter group support of 100% and significant public shareholder participation.
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Sarveshwar Foods Limited has successfully concluded its postal ballot process, with shareholders approving both resolutions presented by the company. The voting results were announced on February 9, 2026, following the completion of the e-voting period on February 6, 2026. The company has submitted comprehensive voting results and scrutinizer's report to stock exchanges in compliance with regulatory requirements.
Postal Ballot Process and Compliance
The company conducted the postal ballot through electronic voting facility provided by its Registrar and Share Transfer Agent. The e-voting period commenced on Thursday, January 8, 2026 at 9:00 a.m. (IST) and concluded on Friday, February 6, 2026 at 5:00 p.m. (IST). The postal ballot notice was dated December 31, 2025, and both ordinary and special resolutions were deemed passed on the last date specified for remote e-voting.
The postal ballot was conducted in compliance with the Companies Act, 2013 and Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the voting results and scrutinizer's report to both NSE and BSE for regulatory compliance.
Resolution 1: Executive Director Appointment
The first resolution concerned the regularisation of appointment of Mr. Harbans Lal as Executive Director of the company. This ordinary resolution received substantial shareholder support across all categories.
| Category: | Shares Held | Votes Polled | Votes in Favour | Votes Against | Approval Rate |
|---|---|---|---|---|---|
| Promoter and Promoter Group: | 503372465 | 503060465 | 503060465 | 0 | 100.00% |
| Public-Non Institutions: | 725354004 | 2318481 | 2176925 | 141556 | 93.89% |
| Total: | 1228726469 | 505378946 | 505237390 | 141556 | 99.97% |
Resolution 2: Independent Director Appointment
The second resolution, a special resolution, involved the regularisation of appointment of Mr. Gagandeep Singh Tuteja (DIN: 02816913) as Non-Executive Independent Director of the company. This resolution also achieved strong shareholder approval.
| Category: | Shares Held | Votes Polled | Votes in Favour | Votes Against | Approval Rate |
|---|---|---|---|---|---|
| Promoter and Promoter Group: | 503372465 | 503060465 | 503060465 | 0 | 100.00% |
| Public-Non Institutions: | 725354004 | 2295867 | 2157857 | 138010 | 93.99% |
| Total: | 1228726469 | 505356332 | 505218322 | 138010 | 99.97% |
Shareholder Participation Analysis
The company has a total of 343962 shareholders on record date, with total outstanding shares of 1228726469. The voting participation rate was 41.13% for the first resolution and 41.13% for the second resolution. The promoter and promoter group demonstrated strong support with 99.94% participation rate in both resolutions, while public non-institutional shareholders showed participation rates of 0.32% and 0.32% respectively in the voting process.
Both resolutions were successfully passed with overwhelming majority support, reflecting strong confidence from shareholders in the proposed director appointments and the company's governance structure.
Historical Stock Returns for Sarveshwar Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.98% | -6.96% | -13.22% | -52.44% | -39.33% | +581.13% |
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