BSEAvishkar Infra Realty LtdLowNeutral
Announced Fri, 20 Mar · 20:28 IST

Consolidated Scruitinizer''s Report for the Postal Ballot of the Company dated 18th February, 2026

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Avishkar Infra Realty Limited conducted a Postal Ballot via remote e-voting from February 19, 2026 to March 20, 2026, with 1,898 shareholders eligible to vote as of the record date of February 13, 2026. A single Special Resolution was put to shareholders to approve increasing the company's overall limits for inter-corporate loans, guarantees, securities, and investments up to ₹100 crore under Section 186 of the Companies Act, 2013, in which the promoter group is interested. Out of 2.24 crore total outstanding shares, 1.007 crore shares (44.96%) were voted, with promoters contributing 52.73 lakh votes (all in favour) and public non-institutions contributing 48 lakh votes (99.9999% in favour, with just 6 votes against). The resolution was passed with overwhelming majority, confirmed by Scrutinizer Megha Kamal Samdani of M K Samdani & Co. No invalid votes were recorded.

Likely market impact

The passing of this resolution gives the company board flexibility to lend, invest, or guarantee up to ₹100 crore to other entities, which could be used for expansion, acquisitions, or group restructuring. Shareholders should note that promoters have a direct interest in this resolution, though the high approval margin (99.99%) signals broad shareholder support.