Cipla Limited successfully completed its postal ballot process on 26th March, 2026, with shareholders approving all four resolutions with strong majorities. Key approvals include the appointment of Achin Gupta as Managing Director and Global CEO, and the re-appointment of P R Ramesh as Independent Director. The e-voting process saw 80.58% participation from outstanding shares, with scrutinizer Avinash Bagul confirming transparent and fair conduct of the voting process.
Cipla Limited has successfully concluded its postal ballot process, with shareholders approving all four proposed resolutions with strong majorities. The pharmaceutical company announced the results on 26th March, 2026, following the completion of the e-voting process that concluded on 25th March, 2026.
Leadership Appointments Approved
Shareholders demonstrated strong support for the company's leadership changes, approving the appointment of Mr Achin Gupta (DIN: 09491674) in multiple capacities. The voting results showed overwhelming approval across all shareholder categories.
Voting Participation and Process
The postal ballot process witnessed significant shareholder participation, with 650905507 votes cast representing 80.58% of the total outstanding shares of 807780677. The e-voting facility was provided by National Securities Depository Limited (NSDL), ensuring a transparent and efficient voting process.
Scrutinizer's Oversight
The voting process was overseen by Mr Avinash Bagul, Partner at M/s BNP & Associates, who was appointed as scrutinizer through a Board Resolution dated 23rd January, 2026. The scrutinizer confirmed that all resolutions were passed with requisite majorities and that the e-voting process was conducted in a fair and transparent manner.
The postal ballot notice was sent to 574481 members whose email addresses were registered with the company, out of a total of 591086 members as on the record date of 20th February, 2026. The e-voting period commenced on 24th February, 2026 at 9.00 a.m. and concluded on 25th March, 2026 at 5.00 p.m.
Regulatory Compliance
The postal ballot process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, along with relevant rules and SEBI Listing Regulations. The company published advertisements in "Business Standard" English newspaper and "Sakal" Marathi newspaper on 24th February, 2026, providing requisite information to shareholders.
The voting results and scrutinizer's report have been uploaded on the company's website at www.cipla.com and on NSDL's e-voting platform at www.evoting.nsdl.com , ensuring transparency and accessibility for all stakeholders.
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