We are hereby annexing Scrutinizer''s Report of Postal Ballot
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Awaiting price reaction for this filing.
FGP Limited conducted a Postal Ballot that closed on September 12, 2025, with two resolutions passed. Resolution 1 (Ordinary) approved the payment of remuneration to Ms. Shalu Sarraf, proposed to be appointed as Company Secretary from September 15, 2025, treated as a Material Related Party Transaction under SEBI Listing Regulation 23; it was passed with 63.97% of votes in favor (2,44,668 shares) and 36.03% against (1,37,810 shares). Resolution 2 (Special) approved an alteration of the Object Clause of the Memorandum of Association to enable entry into a new line of business, passed overwhelmingly with 96.03% in favor (51,02,679 shares) and only 3.97% against (2,10,999 shares). Promoters and Promoter Group voted 100% in favor of Resolution 2, backing the diversification move with all of their 49,30,100 shares.
The object clause amendment is a meaningful strategic signal — shareholders have cleared the way for FGP to enter a new business area, which could open fresh revenue streams but also shifts the company's risk profile. The 36% dissent on the Company Secretary remuneration (a Material RPT) is worth flagging, as related-party transactions drawing notable minority opposition can sometimes attract closer governance scrutiny.