This is in continuation of our Letter dated 24th November,2025 informing about the Notice of Postal Ballot seeking approval of the members of the Company in respect of Item set out in the ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Camex Limited announced the results of its postal ballot concluded on December 27, 2025. Two ordinary resolutions were put to vote via remote e-voting. Resolution 1, relating to an increase in authorised share capital and consequential amendment to the Memorandum of Association, was passed with 99.9999% votes in favour (6,741,005 out of 6,741,012 polled shares). Resolution 2, seeking approval for material related party transactions with Camex Speciality Private Limited for availing guarantees or security on borrowings, has been recorded as 'Not Passed' despite 99.999% of polled public votes being in favour — likely because the promoter group (interested party holding ~45% of shares) did not participate, leaving only 9.16% of total shares polled. E-voting was conducted by CDSL from November 28 to December 27, 2025, with the scrutinizer being M/s Ravi Kapoor & Associates.
Shareholders cleared the way for a capital structure expansion, but the rejection of the related party transaction resolution restricts Camex's ability to use guarantees from Camex Speciality Pvt Ltd to support its borrowings, potentially affecting funding flexibility. The stock may see limited reaction since the failed resolution reflects promoter abstention rather than shareholder opposition.