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Mangalore Chemicals & Fertilizers shareholders have approved the re-appointment of Mr. Marco Philippus Ardeshir Wadia as a Non-executive Independent Director. The company had sought shareholder approval for this re-appointment via a postal ballot. The resolution passed with an overwhelming majority, with approximately 7.99 Cr votes cast in favor (99.21%) and 0.06 Cr votes against (0.79%). This decision ensures continued experienced independent oversight on the company’s board for a second five-year term, reinforcing corporate governance.
All announcements from Mangalore Chemicals & Fertilizers Limited