Postal Ballot: Preferential Equity Share Issue Approved by Shareholders
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Awaiting price reaction for this filing.
Antariksh Industries shareholders approved a Special Resolution via postal ballot to issue equity shares through a preferential allotment. E-voting closed July 27, 2026. Of 89 shareholders on record date, 165,659 votes (80.83% of 204,940 outstanding shares) were polled, all in favor with zero against. Promoter group holding 150,599 shares voted 100% in favor. No institutional votes were cast. Resolution declared passed by scrutinizer.
Approval paves the way for a preferential equity issue, likely leading to dilution for existing public shareholders. No pricing details disclosed yet.