Muthoot Capital Services Limited announced on 27 June 2025 the results of its postal ballot, where shareholders rejected a special resolution.
The resolution proposed a "Variation in Terms of Remuneration payable to Ms. Tina Suzanne George, Whole-Time Director of the Company."
The postal ballot voting, conducted through remote e-voting, commenced on 28 May 2025 and concluded on 26 June 2025.
Out of 1,46,859 total valid votes polled, 11,735 votes (7.99%) were cast in favour of the resolution, while 1,35,124 votes (92.01%) were cast against it.
Consequently, the special resolution was not passed by the members.
The voting results, along with the Scrutinizer’s Report dated 27 June 2025, are available on the company’s website.