Dear Sir, As required under Regulation 44(3) of SEBI(LODR), Regulation,2015. Please find the attached Postal Ballot Results . 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 (BSE: 531240) announced the results of a Postal Ballot conducted via remote e-voting between October 15 and November 14, 2025. Two Special Resolutions were put to shareholders seeking approval to sell, lease, mortgage, or otherwise dispose of two company assets — the factory at Sinnar, Nashik (Plot No. 60, STICE, Sinnar-Shirdi Road) and the registered office at A-101, Pratik Industrial Estate, Mulund Link Road, Bhandup West, Mumbai. Out of 3,305 shareholders on record, 1,539,110 votes (99.9996%) were cast in favour of each resolution, with only 6 votes against. The promoter group voted 100% in favour (14.48 lakh shares), while public institutions polled 90,916 shares with 99.99% in favour. Overall, 61.10% of outstanding shares participated in voting. Both resolutions were passed with overwhelming majority. The scrutinizer's report was issued by CS Ashwini Vaze on November 16, 2025.
Shareholders have cleared the way for the company to divest its Nashik factory and Mumbai office premises, which could signal restructuring or a shift in the company's operating footprint. The near-unanimous approval (over 99.99%) including full promoter backing suggests strong internal consensus on the asset disposal plan.