Voting Result and Scrutinizer''s Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arcee Industries Ltd conducted a postal ballot to seek shareholder approval for selling, transferring, or disposing of its immovable property — Land and Shed & Building located at 7th K.M., Barwala Road, Talwandi Rana, Hisar-125001, Haryana, under Section 180(1)(a) of the Companies Act, 2013. The voting concluded on February 5, 2026, with 6,946 shareholders on record. Out of 5,138,777 total outstanding shares, 1,822,337 votes were polled (35.46%), and an overwhelming 99.88% voted in favour of the resolution, with only 2,101 votes (0.12%) against. Promoters voted 100% in favour, and public non-institutional shareholders also voted 99.66% in favour. The Scrutinizer confirmed the resolution was passed with the requisite majority.
Shareholders have cleared the company to monetise a real estate asset in Hisar, Haryana. The proceeds could strengthen liquidity or fund business needs, though no details on sale price or buyer have been disclosed yet.