Radaan Mediaworks India Limited — Others, 23-12-2024: Shareholders meeting

Radaan Mediaworks India Limited has conducted a postal ballot to appoint Mr. Krishnachandar as an Independent Director for a term of five years starting September 25, 2024. The total number of voters was 27,928,613 shares, representing 51.57% of outstanding shares. Notably, 100% of promoter votes were in favor, while the public non-institutional shareholders showed strong support with 99.33% voting in favor. The absence of promoter interest in the resolution suggests a move towards greater governance independence. This development may positively influence investor sentiment as it emphasizes a commitment to enhancing board diversity and governance standards.