E2E Networks Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
E2E · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
E2E Networks Limited has received shareholder approval through postal ballot for three key resolutions. First, shareholders approved a sub-division/split of existing equity shares (Ordinary Resolution) with 99.997% assent (1,33,32,786 votes vs 385 dissent). Second, the alteration of Clause V (Capital Clause) of the Memorandum of Association was approved with similar overwhelming support. Third, a Special Resolution for alteration in the Article of Association also passed with 99.997% approval. The voting took place from April 22 to May 21, 2026, via electronic means only, with participation from 64.86% of total voting capital (approximately 1.33 crore shares voted out of 2.05 crore total shares). The scrutinizer from M/s MAKS & Co. confirmed the process was conducted fairly and transparently.
The stock split will increase the number of shares while reducing the face value per share, making them more affordable for retail investors and potentially improving liquidity. This is generally a positive signal for shareholders as it often leads to broader market participation.