Announced Fri, 24 Jul, 2026 · 16:17 IST
Postal Ballot: Related Party Property Sale Resolution Rejected
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹51.10
prior close
₹50.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-2.2-2.2+1.6-2.6-5.6-5.9-13.7-6.9-16.9—
Up moveDown movePending
AI summary
Aimco Pesticides postal ballot for sale of immovable property to a related party under Section 188 was NOT passed. Out of 2,985 members holding 97.82 lakh shares, only 23 voted (1.12% polled). Public non-institutions voted 37.76% in favor and 62.24% against. Promoters holding 53.27 lakh shares abstained. The related party transaction stands rejected by shareholders.
Likely market impact
Related party property sale deal blocked by shareholders. The proposed immovable property sale cannot proceed without fresh shareholder approval.