Dear Sir, Please find enclosed herewith the scrutinizer report for postal ballot held on 15th July, 2025.
Awaiting price reaction for this filing.
Harig Crankshafts Ltd concluded a postal ballot (e-voting from June 16 to July 15, 2025) with all three special resolutions passed with overwhelming majority. The resolutions were: (1) Change in main objects of the Company — approved with 99.9991% in favour (9,976,446 votes for, 92 against), (2) Adoption of new Memorandum of Association per Companies Act, 2013 — approved with 99.9991% in favour, and (3) Adoption of new Articles of Association — approved with 99.9988% in favour. The promoter group (holding 9,975,000 shares, about 95% of total equity) voted 100% in favour of all resolutions. Out of 1.05 crore total shares, about 95.01% were polled. Scrutinizer CS Debabrata Deb Nath of R&D Company Secretaries validated the results.
The change in main objects clause is the most material item — it gives the company flexibility to enter new business areas, potentially signalling a strategic diversification beyond its current crankshaft manufacturing focus. The MOA/AOA updates are largely housekeeping to align with the Companies Act, 2013. With near-unanimous promoter backing, minority shareholders have limited influence but no clear red flags from this filing.