Submission of Scrutinizer Report for the Postal Ballot held on 19.11.2025.
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Abate AS Industries Ltd (formerly Trijal Industries Ltd), listed on BSE (scrip 531658), held a Postal Ballot that concluded on 19 November 2025. Shareholders passed a Special Resolution to increase the Authorised Share Capital of the company and alter the Capital Clause in the Memorandum of Association. Out of 2,460 shareholders on record date, 36 members participated in e-voting, representing 12,70,63,007 shares. The resolution was approved overwhelmingly with 12,70,62,997 votes (99.99%) in favour and just 10 votes against. The scrutinizer S. Vasudevan of Lakshmmi Subramanian & Associates confirmed the result.
The increase in authorised share capital gives the company room to issue more shares in the future, which could be used for fundraising, expansion, or rewarding shareholders. No immediate dilution occurs from this resolution alone, but it signals potential upcoming capital-raising plans worth watching.