Pursuant to the provisions of Regulation 30 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, following resolutions have been passed ....
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Fone4 Communications (India) Ltd conducted a postal ballot via remote e-voting, with the last date of voting on November 29, 2025. All three resolutions were passed with 100% approval and no votes against. The resolutions were: (1) an Ordinary Resolution to increase the Authorised Share Capital and amend the Capital Clause (Clause V) of the MOA, (2) an Ordinary Resolution to regularise the appointment of Mr. Rishdhan (DIN: 11357343) as Non-Executive Independent Director, and (3) a Special Resolution to alter the Object Clause of the MOA. Out of 2.49 crore total shares, about 1.23 crore shares (49.26% of outstanding equity) were polled. Promoters voted 100% of their 1.22 crore holding, while public non-institutional participation was very low at just 40,000 shares (0.315% of the public's holding). The scrutinizer's report was issued by Amit Saxena & Associates on December 1, 2025.
The increase in authorised share capital and the alteration of the object clause point to the company preparing for a potential fundraising (such as a rights issue or preferential allotment) or a shift/expansion in business activities. Shareholders should watch for a follow-up announcement on the actual capital raise or new business direction. The routine director regularisation is a procedural compliance step and has no material impact.