DCXINDIABSEDCX Systems LtdMediumNeutral
Announced Tue, 12 May · 12:54 IST

Voting results of Postal Ballot through remote e-voting.

Board & Shareholder Meetings View source PDF

DCXINDIA · 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
-3.2%1-day move
₹211.80
prior close
₹203.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.1-0.9-0.6-3.2-5.1-7.6-9.0-7.5-5.3-6.8-12.6-7.4
Up moveDown movePending
AI summary

DCX Systems Limited conducted a postal ballot through remote e-voting from April 10 to May 9, 2026, to approve material related party transactions with ELTX Systems Private Limited. The resolution was passed as an Ordinary Resolution with 99.35% shareholder approval (6,210,473 votes in favour vs 40,600 against out of 6,251,073 total votes polled). Notably, the Promoter and Promoter Group (holding 58.1 million shares) did not participate in voting as they were interested in the transaction. Public institutions and retail shareholders overwhelmingly supported the resolution.

Likely market impact

The approval enables DCX Systems to proceed with material related party transactions with ELTX Systems Private Limited. The zero participation from promoters is typical for interested party resolutions and does not affect validity, as the resolution received strong support from independent shareholders.