Attached herewith outcome of postal ballot of Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Family Care Hospitals Limited announced the results of its postal ballot conducted via remote e-voting, with all six resolutions passed by the requisite majority on July 13, 2025. The key resolution was a Special Resolution to issue securities on a preferential basis, approved with 83.71% votes in favour. An Ordinary Resolution to increase the authorised share capital and amend the MOA was approved with 97.16% support. Four Ordinary Resolutions approving related party transactions for FY2025-26 with Onelife Capital Advisors, Dealmoney Distribution & E-Marketing, Dealmoney Commodities (now merged with Dealmoney Securities), and Sarsan Securities were each passed with around 83-84% votes in favour. Promoters (holding about 1 crore shares, ~18.5% stake) abstained from voting on resolutions where they were deemed interested, including the preferential issue and all four related party transactions. Only 135 shareholders out of 45,427 cast votes, representing a very low turnout of about 4% of outstanding shares (5.4 crore shares).
The approval clears the way for the company to raise capital through a preferential allotment and to increase its authorised share capital, which could lead to equity dilution for existing shareholders. The related party transaction approvals allow the company to do business with several Dealmoney-group entities and Onelife Capital Advisors in FY2025-26, which minority shareholders should monitor for governance and fairness.