Container Corporation Of India Limited has submitted the Exchange a copy of Srutinizers report of Postal Ballot along declaration of Result and Voting pattern.
CONCOR · price
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On the reaction day the stock moved 0.2 pts less than Nifty Midcap 150 and 0.1 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Container Corporation of India (CONCOR) has received shareholder approval for issuing bonus shares in the ratio of 1:4, meaning 1 new equity share of Rs. 5/- for every 4 existing shares held, funded through capitalization of retained earnings. The postal ballot and e-voting were conducted from May 31 to June 29, 2025, with 97.57% of votes cast in favour and only 2.43% against. Out of over 55.38 crore valid votes, promoters (33.39 crore shares) voted 100% in favour, while public institutional holders approved it 93.86% and non-institutional holders 99.70%. The resolution was deemed passed on June 29, 2025, and the scrutinizer confirmed the process was fair and transparent.
Shareholders will receive 1 additional share for every 4 they currently hold, increasing the total share count by 25%. While this expands the share base, the company's underlying value stays the same, so existing investors will hold more shares at a proportionally lower per-share price with no change in their total stake value.