Voting Results of Postal Ballot through Remote E-Voting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Advance Metering Technology Limited conducted a postal ballot through remote e-voting (concluded June 7, 2026) with 12,794 eligible shareholders. Out of 5 resolutions, 2 passed and 3 failed. Resolution 1 (Ordinary) appointing Mrs. Natasha Tara Ranade as Whole Time Director was approved with 99.86% votes in favor. Resolution 5 (Special) changing Mrs. Ameeta Ranade's designation to Chairman cum Non-Executive Non-Independent Director passed with 93.61% support. However, the 3 resolutions where promoters had a declared interest — Resolution 2 (Section 185 loans/guarantees), Resolution 3 (Section 186 investments/loans), and Resolution 4 (material related party transactions with Industrial Solutions Corporation LLP) — all failed, with public shareholders voting roughly 87% against each.
Management's board-related proposals (director appointment and chairmanship change) were easily approved, but retail/public shareholders overwhelmingly rejected three related-party and financial-transaction resolutions. The rejections mean the company cannot pursue those specific Section 185/186 loans/guarantees or the Industrial Solutions Corporation LLP related-party deal in their current form. The pattern signals public shareholder dissent against related-party dealings, which could pressure governance practices or invite management to revise and refile such proposals.