Submission of Voting Result and Scrutinizer report pertaining to the Postal ballot Notice dated 23rd July, 2025 for Increase in Authorised Share Capital & subsequent amendment to MOA.
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Containe Technologies Limited has announced the voting results of a Postal Ballot (notice dated 23rd July 2025) for approving an increase in Authorised Share Capital and consequent amendment to the Memorandum of Association. A total of 36,87,950 votes were polled, with 36,84,950 votes (99.92%) in favour and only 3,000 votes (0.08%) against the resolution. Promoters and Promoter Group unanimously voted in favour with all 36,76,950 shares (100%), while Public-Non Institutions polled 11,000 shares, of which 8,000 were in favour and 3,000 against. The resolution has been declared passed with the requisite majority, as confirmed by the Scrutinizer's Report from R & A Associates dated 25th August 2025.
The increase in Authorised Share Capital provides the company with greater flexibility to raise additional capital in the future through equity issuance, without requiring further shareholder approvals for capital expansion. This is a preparatory corporate action and does not by itself dilute current shareholding, though it signals potential fundraising plans ahead.