Dear Sir, AS required under Regulation 44(3) of SEBI(LODR), Regulation 2015. Please find the attached Outcome of Postal Ballot held. kindly take the same on records. Director
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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.
Colinz Laboratories Ltd conducted a postal ballot (e-voting from 15 Oct to 14 Nov 2025) seeking shareholder approval to sell, lease, mortgage or otherwise dispose of two key properties: its factory at Sinnar, Nashik, and its registered office at A-101, Pratik Industrial Estate, Bhandup West, Mumbai. Out of 3,305 shareholders on the record date, members holding 1,539,116 shares (61.10% of outstanding 2,519,100 shares) cast their votes. Both special resolutions passed overwhelmingly with 99.9996% votes in favour (1,539,110 shares) and just 6 shares voted against. Promoter group (holding 16,62,659 shares) voted 100% in favour, while public institutions polled 90,910 shares with 99.99% in favour.
Shareholders have cleared the way for the company to monetise or encumber its manufacturing facility in Nashik and its Mumbai office, which could signal restructuring, a fundraising move, or a potential change in business operations. The near-unanimous approval suggests no meaningful shareholder opposition to the asset disposal.