Outcome of Postal Ballot
Price
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Awaiting price reaction for this filing.
Galaxy Cloud Kitchens Limited (BSE: 506186) concluded a postal ballot on January 3, 2026, in which shareholders approved two special resolutions with 99.99% votes in favour on both. The first resolution approves changing the company's name from 'Galaxy Cloud Kitchens Limited' to 'Galaxy Supermarket Limited'. The second resolution approves altering the Objects Clause of the Memorandum of Association. Of the 4,324 shareholders on record, 43.48% of outstanding equity (21.64 lakh of 49.78 lakh shares) cast votes. Promoter group voted 100% in favour with 14.20 lakh shares, while public non-institutions had just 27 votes against out of 7.45 lakh polled. The scrutinizer, Mr. Amit Samani of M/s Amit Samani & Co., certified the results on January 5, 2026.
The name change signals a strategic shift away from the cloud kitchen business toward the supermarket segment, which may affect how investors perceive the company's business direction. Shareholders will see the company referenced as 'Galaxy Supermarket Limited' on BSE going forward, and the broadened objects clause gives management wider room to operate in the new line of business.