BASF India Announces Successful Postal Ballot for Director Appointment
BASF India Limited has announced the successful completion of a postal ballot to obtain shareholder approval for the appointment of Mr. Andrew George Postlethwaite as a Non-Executive Non-Independent D...
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Why is BASF India Limited in the news today?
BASF India Limited (BASF) is in the news due to the announcement reports the successful passing of a resolution for the appointment of a director, indicating a positive outcome for the company's governance.
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BASF India Announces Successful Postal Ballot for Director Appointment
December 30, 2025, 01:10 PM
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BASF India Limited has announced the successful completion of a postal ballot to obtain shareholder approval for the appointment of Mr. Andrew George Postlethwaite as a Non-Executive Non-Independent Director. The resolution, passed as an Ordinary Resolution, is effective from December 1, 2025.
The postal ballot process, conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant sections of the Companies Act, 2013, commenced on December 1, 2025, and concluded on December 30, 2025. The voting results, along with the Scrutinizer's Report dated December 30, 2025, have been furnished to the stock exchanges.
The voting results show overwhelming support for Mr. Postlethwaite's appointment, with a significant majority of votes cast in favour. Promoters and Promoter Group, as well as Public Institutions and Non-Institutions, largely voted in favour of the resolution.
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