CEAT Limited Shareholders Approve Director Appointments via Postal Ballot
CEAT Limited announced the results of a postal ballot conducted through remote e-voting, confirming the approval of two key director appointments. The resolutions passed include the appointment of Mr....
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Why is CEAT Limited in the news today?
CEAT Limited (CEATLTD) is in the news due to the company successfully passed resolutions for the appointment of two directors with overwhelming majority votes, indicating shareholder confidence and smooth governance.
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CEAT Limited Shareholders Approve Director Appointments via Postal Ballot
December 19, 2025, 09:10 AM
CEAT Limited announced the results of a postal ballot conducted through remote e-voting, confirming the approval of two key director appointments. The resolutions passed include the appointment of Mr. Apurva Chandra as a Non-Executive, Independent Director and Mr. Paras K. Chowdhary as a Non-Executive, Non-Independent Director.
The voting period for the postal ballot commenced on November 19, 2025, at 09:00 a.m. IST and concluded on December 18, 2025, at 05:00 p.m. IST. The results, consolidated by Scrutinizer Mitesh Dhabliwala of Parikh & Associates, show overwhelming support for both appointments.
For the special resolution to appoint Mr. Apurva Chandra, 99.4474% of the valid votes cast were in favor. For the ordinary resolution to appoint Mr. Paras K. Chowdhary, 98.7111% of the valid votes cast were in favor. No invalid votes were recorded for either resolution. The ESOP Trust of the Company, holding 78,000 shares, did not participate in the e-voting process as per regulations.
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