Magadh Sugar & Energy Ltd: Members Approve Appointment of Mrs. Shalini Nopany as Director
Magadh Sugar & Energy Limited announced the results of its postal ballot, confirming the approval of Mrs. Shalini Nopany's appointment as a Non-Executive Director. The resolution, which sought her app...
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Why is Magadh Sugar & Energy Limited in the news today?
Magadh Sugar & Energy Limited (MAGADSUGAR) is in the news due to the appointment of a new director was approved by a significant majority of members, indicating positive shareholder sentiment towards the company's governance.
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Magadh Sugar & Energy Ltd: Members Approve Appointment of Mrs. Shalini Nopany as Director
December 18, 2025, 02:21 PM
Magadh Sugar & Energy Limited announced the results of its postal ballot, confirming the approval of Mrs. Shalini Nopany's appointment as a Non-Executive Director. The resolution, which sought her appointment with effect from November 12, 2025, was passed as an Ordinary Resolution by the company's members.
The postal ballot process, initiated by a notice dated November 11, 2025, commenced with remote e-voting on November 19, 2025, and concluded on December 18, 2025. The last date for remote e-voting was December 18, 2025, which is also considered the effective date for the resolution's passing.
A total of 103 members participated in the postal ballot. The voting results, as reported by Scrutinizer Mr. Mohan Ram Goenka, showed overwhelming support for Mrs. Nopany's appointment, with 99.89% of the votes cast in favour and only 0.11% against. The details of the voting results and the Scrutinizer's Report have been made available on the company's website and the National Securities Depository Limited (NSDL) website.
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