Capacite Infraprojects Limited has informed the Exchange regarding 'Postal Ballot Voting Results and Scruitnizer Report'.
CAPACITE · price
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Capacit'e Infraprojects Limited has announced the results of its postal ballot conducted between February 13 and March 14, 2026. Shareholders approved an Ordinary Resolution for a Material Related Party Transaction between CIL MMEPL Ekatha Private Limited (a subsidiary) and Mohan Mutha Export Private Limited (a related party of the subsidiary). Out of 8.46 crore total shares, about 1.14 crore shares (13.52%) were voted. Promoters, being interested in the resolution, did not participate in the voting. Of the votes cast, 99.63% were in favour and 0.37% against, leading to the resolution being passed with the requisite majority. The scrutinizer, Shreyans Jain & Co., certified the results on March 16, 2026.
The approval clears the way for the material related party transaction at the subsidiary level, which was necessary under SEBI's related party transaction rules. Since promoters abstained, the resolution's passage rests on institutional and public shareholder support, signaling their comfort with the deal. This is a procedural compliance disclosure and is unlikely to move the stock price materially on its own.