Announced Mon, 18 May · 18:14 IST

Please find the attached Outcome of postal ballot for your reference.

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹42.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.2-2.8+2.0-2.4-2.4+2.5+20.6+15.6+7.4
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AI summary

Cybele Industries Ltd held a postal ballot for shareholders from April 16 to May 15, 2026. All four resolutions were approved with 100% voting support. Three were ordinary resolutions approving material related party transactions with two subsidiary companies (Cybele Electra Private Limited and Cybele Electronics Private Limited), where promoters abstained due to their interest. The fourth was a special resolution authorizing creation of mortgage/charge on company assets under Section 180(1)(a) of the Companies Act, 2013. For the RPT resolutions, only public non-institutions voted (9,29,068 votes). For the mortgage resolution, promoters contributed 57,66,866 votes alongside 9,29,068 from public non-institutions, totaling 66,95,934 votes.

Likely market impact

Shareholders approved inter-company transactions with subsidiaries and granted borrowing/asset charge authority. The company can now proceed with related party dealings and asset-backed financing. The 100% approval reflects no opposition from voting shareholders.