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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Fone4 Communications (India) Ltd announced voting results of a postal ballot concluded on November 29, 2025, with all 3 resolutions passed with 100% approval. The resolutions include: (1) increase in authorised share capital and alteration of Capital Clause (Clause V) of the MOA, (2) regularization of appointment of Mr. Rishdhan (DIN: 11357343) as Non-Executive Independent Director, and (3) alteration of the Object Clause of the MOA. Out of 330 shareholders, only 6 voted, with 12,289,997 votes polled (49.26% of 24,950,000 outstanding shares). Promoters cast all their 12,249,997 shares in favour, while public non-institutions contributed only 40,000 votes (0.315% of their holding). No votes were cast against any resolution, and no invalid votes were recorded. The filing is signed by Managing Director Sayyed Imbichi Haris Sayyed and scrutinised by Amit Saxena & Associates.
The capital increase and MOA object clause change signal potential business expansion or diversification plans, possibly linked to a future fundraising (the internal folder references a 'Right Issue'). Shareholders should watch for further announcements on the use of expanded capital and the company's revised business direction, though low public participation (under 0.32%) means retail investors had little influence on the outcome.