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 sought shareholder approval via postal ballot to sell, transfer or dispose of its immovable property — land and shed & building located at 7th K.M., Barwala Road, Talwandi Rana, Hisar-125001, Haryana. The special resolution under Section 180(1)(a) of the Companies Act, 2013 was passed with overwhelming majority, with 99.88% of votes polled in favour (18,20,236 votes) and only 0.12% against (2,101 votes). Out of 6,946 shareholders on record, total voter turnout was 35.46% of outstanding shares. The promoter group voted 100% in favour, and public non-institutions supported with 99.66% in favour. The e-voting window ran from January 7 to February 5, 2026, conducted via NSDL.
This is a routine asset monetisation step — a single property disposal, not a business sale or restructuring. Minor positive or neutral for shareholders depending on the sale price and use of proceeds. Unlikely to materially move the stock.