Pursuant to section 118 and 110 of Companies Act 2013 and rules made thereunder to be read with regulation 44(3) of Listing Regulations, we have enclosed Voting Results of Postal Ballot ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eco Recycling Limited's shareholders have approved two special resolutions via postal ballot with near-unanimous consent (99.9997% in favour for both). Resolution 1 approves the issue of 3 lakh Convertible Warrants at Rs. 408 per warrant to promoter/promoter group on a preferential basis, raising approximately Rs. 12.24 crore. Resolution 2 approves the appointment of CA Shri Uttam Prakash Agarwal (DIN: 00272983) as an Independent Director for a term of five years. The voting was conducted between April 3 and May 3, 2026, with 37,581 shareholders on record and 23 participants casting votes totalling 1,41,53,818 valid votes. CS Prakash Shenoy of SAP & Associates served as the Scrutinizer.
The preferential warrant issue will dilute public shareholding and represents a promoter-funded capital infusion of Rs. 12.24 crore into the company; shareholders approved it overwhelmingly. The appointment of an independent director strengthens the Board's governance structure.