Dolat Algotech Limited has submitted the Exchange a copy Scrutinizers report of Postal Ballot along with voting results. Further, the company has informed the Exchange that Resolutions as set out in the Notice of Postal Ballot dated 27th March, 2026, have been duly approved by the Members of the Company with requisite majority on 02nd May, 2026 (being the last date for e-voting).
DOLATALGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dolat Algotech Limited has announced the results of its Postal Ballot conducted via remote e-voting, where two ordinary resolutions were approved by shareholders. Both resolutions relate to approving Material Related Party Transactions for FY 2026-27 - one for the Company itself and one for its Subsidiary Company. Resolution 1 on the Company's related party transactions was passed with 99.61% votes in favour (20,52,469 votes out of 20,60,543 cast). Resolution 2 on the Subsidiary's related party transactions was passed with 98.08% votes in favour (20,20,941 votes). Notably, promoters did not participate in voting as they are interested parties in these transactions. Total voter turnout was low at 1.17% of outstanding shares (2,060,543 out of 176,000,000 shares). The voting period was from April 3, 2026 to May 2, 2026, and the scrutinizer confirmed both resolutions passed with requisite majority.
The approval of related party transactions enables the company to proceed with transactions involving related parties for the upcoming fiscal year. Since promoters did not vote, these approvals represent independent shareholder validation. The low voter turnout is typical for postal ballots and does not affect the validity of the outcome given the required majority was met.