A B Cotspin India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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A B Cotspin India Limited has submitted the results of a postal ballot conducted via e-voting between January 31, 2026 and March 1, 2026. The single ordinary resolution was to approve material related party transactions with AB Cotton Textiles Private Limited. Out of 2,19,63,620 total shares, 1,64,20,358 shares (74.76%) were polled, with 100% votes cast in favor and none against. The promoter group (which declared interest in the resolution) voted 100% in favor with full participation, while public non-institutions voted 100% in favor with 46.87% turnout. Scrutinizer Deepak Gupta of DR Associates confirmed the resolution was passed with the requisite majority.
This is a procedural filing confirming shareholder clearance for a material related party transaction. With unanimous support from all voting shareholders, the company can now proceed with the RPT. Minority shareholders should note the promoter group's declared interest in this transaction, even though public non-institutions also backed it unanimously.