Outcome of Postal Ballot Notice dated September 30, 2025.
ELPROINTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Elpro International Ltd conducted a postal ballot (via remote e-voting) from October 19 to November 17, 2025, to seek shareholder approval for Related Party Transaction(s). Out of 117 valid e-voting confirmations representing 1,81,47,940 shares, 78.08% of shareholders (1,41,70,642 shares) voted in favour of the ordinary resolution, while 21.92% (39,77,298 shares) voted against it. The Scrutinizer, Jayshree A. Lalpuria, confirmed the e-voting process was fair and transparent. The resolution was declared as passed, as it received the requisite majority.
The related party transaction has been approved by shareholders, allowing the company to proceed with the deal. While the resolution passed comfortably, the roughly 22% dissent suggests some minority shareholders had reservations about the transaction.