Grasim Industries Limited has successfully secured the re-appointment of two independent directors for a second term of five years, following a postal ballot concluded on 27th March 2026. The directors, Mr. V. Chandrasekaran and Mr. Adesh Kumar Gupta, will serve from 24th May 2026 to 23rd May 2031.
The postal ballot, which included a remote e-voting process, saw a significant turnout with 79.91% of the total voting rights exercised. The resolutions were passed with a substantial majority, with 90.78% of the votes cast in favour of the re-appointments.
In detail, the promoter and promoter group, holding 29,41,37,111 shares, voted 100% in favour, casting 29,40,63,511 votes. Public institutions, holding 22,93,81,967 shares, showed 83.25% participation in voting, with 74.09% of their votes supporting the resolutions. Public non-institutions, with 15,45,45,172 shares, had a 36.75% voting turnout, with 99.21% of their votes in favour.
The voting results and the scrutiniser’s report have been uploaded on Grasim Industries‘ website and KFin Technologies Limited’s platform, the company’s registrar and transfer agent.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).