Voting Results of Postal Ballot along with Scrutinizer''s Report.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
B2B Software Technologies Ltd conducted a postal ballot that concluded on 16 March 2026, with shareholders approving both resolutions by an overwhelming 99.9992% majority. Resolution 1 approves the issuance of bonus shares in the ratio of 1:2 (one new equity share for every two existing shares). Resolution 2 approves an increase in authorised share capital from Rs. 12 Crores to Rs. 18 Crores, along with the required amendment to the Memorandum of Association. Out of 9,087 shareholders on record date (7 Feb 2026), 81 members participated in e-voting, casting 26,20,082 votes representing 22.62% of the total 1,15,85,400 outstanding shares. Both promoters and public voted entirely (or nearly entirely) in favour — promoters polled 25,76,990 votes (100% in favour) and public non-institutions polled 43,092 votes (99.95% in favour).
Eligible shareholders will receive 1 bonus share for every 2 shares held, increasing the total share count by 50% and proportionally diluting the per-share price. The higher authorised capital ceiling gives the company flexibility for future fund-raising or share issuance. Short-term price action may turn negative due to the mechanical price adjustment, while long-term impact depends on whether the company has productive use for the expanded capital base.