Postal Ballot Results: All 3 Resolutions Passed with 100% Approval
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Global Infratech & Finance announced voting results for its Postal Ballot Notice dated May 26, 2026. Three special resolutions were passed, each with nearly 100% approval (1,150,072 votes in favour versus just 8 against out of 1,150,080 polled, about 81% of outstanding shares). The resolutions cover: (1) raising borrowing limits up to Rs. 50 Crore under Section 180(1)(c), (2) granting loans and guarantees up to Rs. 50 Crore under Section 185, and (3) approving investments, loans, guarantees and securities up to Rs. 50 Crore under Section 186. Promoter group (1,150,000 shares) voted 100% in favour. Public participation was minimal (0.03%).
Board gets a clear mandate to borrow, lend, and invest up to Rs. 50 Crore. Routine procedural approval, no material change for retail investors.