Akg Exim Limited has informed the Exchange regarding 'Result of Postal Ballot '.
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AKG Exim Limited announced the results of its Postal Ballot (remote e-voting) on 24th July 2025, with all three resolutions approved with overwhelming majority. Resolution 1 (Special) approved the sale of property at Unit No. 237 and 238, Tower B, Spazedge, Sector-47, Sohna Road, Gurugram, with 99.89% votes in favour. Resolutions 2 and 3 (Ordinary) approved material related party transactions with MLH Ventures LLP, a Promoter Group Entity, for the sale of the company's registered office property at Gurugram and a leaseback arrangement, both receiving around 99.88-99.89% support. Total of 11,559 shareholders were eligible, but only 8.17% of total shares (25,97,717 out of 3,17,76,576) were polled, with no promoter shares voted. Of the votes polled, public non-institutional shareholders showed strong support with opposition below 0.12% on each resolution.
Shareholders approved the sale-and-leaseback of the company's registered office with a promoter group entity, which could free up capital tied in real estate but also concentrates the transaction within the promoter group. Low voter turnout (8.17%) means results largely reflect public non-institutional sentiment, which was strongly supportive.