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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ampvolts Limited concluded a Postal Ballot via remote e-voting on January 6, 2026, with all three special resolutions passed with overwhelming shareholder support (99.9999% in favour). The first two resolutions approved the appointment of Mr. Harnish Mahendrabhai Rao and Mr. Sahil Jayesh Rao as Independent Directors for a five-year term starting November 14, 2025. The third resolution approved adding two new object clauses to the company's Memorandum of Association, enabling the company to enter the electric vehicle (EV) servicing, repair, maintenance, and ICE-to-electric powertrain retrofitting business. Total votes polled stood at 14,225,854 across 33 valid voters, while 8,848 shareholders were on record as of the November 28, 2025 cut-off. The promoters were not interested in any of the resolutions and voted in favour.
This is significant for shareholders as the company is formally pivoting its business focus toward the electric vehicle servicing and retrofitting segment, a high-growth area, while also strengthening its board with two new independent directors. The near-unanimous approval signals strong shareholder confidence in this strategic direction, though execution risk in the new EV business remains a watchpoint.