Outcome of Postal Ballot conducted by the Company alongwith Voting Results and Scrutinizer''s Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Continental Controls Limited conducted a postal ballot via remote e-voting from January 23 to February 21, 2026, with the record date set as January 16, 2026. Out of 5,523 shareholders on record, 6 special resolutions were put to vote and all were passed with overwhelming majority. Resolutions 1-4 relate to the re-appointment of one Executive Whole-Time Director (Mr. Rajnish Kumar Pandey) and three Non-Executive Independent Directors (Mr. Abhay Kumar Sethia, Ms Chetna Gupta, and Ms Khusbu Agarwal), each for a five-year term, with 99.9958% votes in favour. Resolutions 5 and 6 deal with authorizing the Board to borrow up to Rs. 10 crore under Section 180(1)(c) and approving loans/guarantees under Section 185; both passed with 99.9204% in favour, though the promoter group (One life Capital Advisors, holding ~15.09 lakh shares) abstained from voting on these two as a related party.
All board re-appointments and borrowing powers have been approved, giving the company continuity in leadership and flexibility to raise up to Rs. 10 crore in debt. No material dissent from public shareholders, so near-term impact on the stock is likely neutral.