Submission of Voting results along with Scrutinizer''s report.
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Awaiting price reaction for this filing.
Dolphin Kitchen Utensils and Appliances Ltd held an Extra Ordinary General Meeting (EGM) on December 12, 2025, via video conferencing. The single special resolution on the agenda—to approve the disinvestment of the company's 100% stake in its wholly owned subsidiary, Bhagat Marketing Private Limited (BMPL)—was passed with 100% approval. Out of 94,91,810 shares that voted (75.73% of the total outstanding 1,25,32,710 shares), all were cast in favour, with zero votes against. The promoter group (holding 67,52,810 shares) voted entirely in favour, and public non-institutions voted 27,39,000 shares in favour (47.39% of their holdings turned out to vote). The remote e-voting window ran from December 9–11, 2025, with NSDL facilitating the e-voting platform, and the results were scrutinized by M/s SCS and Co LLP.
The full and uncontested approval means the company can now proceed with selling off its entire stake in Bhagat Marketing Private Limited, which could unlock cash or simplify the company's structure. Shareholders should watch for follow-up announcements detailing the buyer, sale price, and how the proceeds will be used.