Submission of Voting results and Scrutinizer report of Postal Ballot 2-2025/2026.
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Choksi Asia Limited concluded its Postal Ballot on February 12, 2026 with both special resolutions passed by overwhelming majority. Resolution 1 — approval for giving loans, guarantees, or making investments beyond the limits prescribed under Section 186 of the Companies Act, 2013 — received 99.9999% votes in favour (40,01,120 out of 40,01,126 polled shares). Resolution 2 — approval to shift the registered office from Maharashtra to the Union Territory of Dadra and Nagar Haveli (with a corresponding change to the Memorandum of Association) — received 99.9994% votes in favour. Of the 57,01,104 outstanding shares, 40,01,126 (70.18%) were polled via remote e-voting; the promoter group (40,56,278 shares) voted 100% in favour of both resolutions. Only 6 public shareholders voted against each resolution.
Shareholders have green-lit the company to freely make investments, extend loans, or provide guarantees without the Section 186 cap, giving management wider flexibility for treasury or inter-group transactions. The planned shift of the registered office to Dadra and Nagar Haveli could bring regulatory or tax-related changes, though the move was supported by nearly all voting shareholders.