Voting Results of Postal Ballot
CAPACITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Capacit'e Infraprojects Limited has announced the results of its postal ballot held in March-April 2026. Two resolutions were passed: (1) Ordinary resolution approving the continuation of related party transactions with TPL-CIL Construction LLP, passed with 99.57% shareholder approval (excluding promoter votes as per SEBI regulations), with 78.13 lakh votes in favor out of 78.47 lakh total valid votes; (2) Special resolution appointing Mr. Lakshmi Narasimha Charyulu Chilakamarri as an Independent Director, passed with 99.93% approval (3.46 crore in favor out of 3.47 crore votes). The scrutinizer confirmed both resolutions achieved the requisite majority under the Companies Act, 2013.
The strong approval for continuing related party transactions indicates shareholder confidence in the company's dealings with TPL-CIL Construction LLP. The appointment of the new Independent Director strengthens the board's independence. The stock is unlikely to see any negative reaction given the overwhelming voting margins.