Please find enclosed herewith outcome of postal ballot voting results.
ELCIDIN · price
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Awaiting price reaction for this filing.
ELCID Investments Ltd conducted a postal ballot (remote e-voting) from February 3 to March 4, 2026, on a special resolution to alter the Main Objects Clause of the Company's Memorandum of Association. Out of 2,705 eligible shareholders, only 30 members participated, casting 151,484 votes (75.74% of total share capital of 200,000 shares). The resolution was overwhelmingly approved with 99.997% votes in favour (151,480 votes) and just 4 votes against (0.003%). Promoters fully supported the resolution, with 100% of their 149,750 polled votes in favour. The scrutinizer, CS Ruchi Kotak, confirmed the resolution was passed with the requisite majority. The deemed approval date is January 28, 2026.
Shareholders have approved a change to the company's main business objectives as stated in its Memorandum of Association. While this gives the company more flexibility in its permitted business activities, investors should watch for further announcements clarifying what new business lines or activities the company plans to pursue under the expanded objects clause, as this could signal a strategic pivot or expansion.