BSECamex LtdMediumNeutral
Announced Mon, 29 Dec · 18:43 IST

Please refer to the attached outcome of the postal Ballot Voting Results as per Format provided under Regulation 44 of the SEBI LODR Regulations 2015

Board & Shareholder Meetings View source PDF

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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

Camex Limited (BSE: 524440) filed results of its postal ballot held through remote e-voting from November 28 to December 27, 2025 (via CDSL). Two ordinary resolutions were put to members per the November 12, 2025 notice: (1) increase in the company's authorised share capital and consequent amendment to Clause V of the Memorandum of Association, and (2) approval for material related party transactions with Camex Speciality Private Limited for availing guarantee/security on borrowings. Scrutinizer Mr. Ravi Kapoor of Ravi Kapoor & Associates (report dated December 29, 2025) confirms the company states both resolutions were duly passed with requisite majority. However, the Regulation 44 format marks the related-party item as 'not passed' – the promoter group (interest-flagged, ~45.7 lakh shares) abstained, leaving only 9.16% of outstanding shares polled. Total equity is 1,02,08,700 shares with 4,006 eligible shareholders on the November 21, 2025 record date.

Likely market impact

The authorised capital expansion is routine housekeeping that gives the company flexibility for future fundraising without immediate dilution. The flagged outcome on the related-party resolution could delay or require restructuring of guarantee arrangements with Camex Speciality Private Limited if the failure is formally recorded, potentially affecting the company's existing borrowing security.