BSEB-Right Realestate LtdMediumNeutral
Announced Tue, 26 Aug · 18:15 IST

Postal Ballot- Scrutinizer''s Report is attached.

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

B-Right Realestate Limited announced the results of its postal ballot, with both special resolutions approved unanimously by shareholders. The first resolution authorizes the company to raise funds through the issuance of equity shares, other eligible securities, or by way of borrowing (debt). The second resolution approves the migration of the company's equity shares from the BSE SME Platform to the Main Board of BSE, NSE, or any other recognized stock exchange. Voting was conducted between July 27, 2025 and August 25, 2025, with a total of 77,00,048 shares (74.53% of outstanding shares) participating. Promoter group voted 7,454,448 shares in favour (100%), while public non-institutional shareholders cast 245,600 votes, all in favour. Zero votes were cast against either resolution, with zero invalid votes recorded.

Likely market impact

Positive for shareholders — both resolutions passed with 100% approval, giving the company the flexibility to raise fresh capital and pursue migration to the main board, which could improve liquidity and attract broader institutional investor participation.