Goldiam International Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
GOLDIAM · price
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Awaiting price reaction for this filing.
Goldiam International Limited has announced the results of a postal ballot conducted via remote e-voting from May 10, 2025 to June 8, 2025. The single special resolution was to approve raising capital of up to Rs. 400 crore through the issuance of equity shares and/or equity-linked securities via Qualified Institutions Placement (QIP). Of 85,747 shareholders on record, 62.72% of outstanding shares participated in voting. The resolution was passed with overwhelming support — 99.9996% of votes polled were in favor (6.69 crore shares), with only 289 votes against. Promoters (holding 6.60 crore shares, ~61.9% of equity) voted entirely in favor, and public institutional investors also voted 100% in favor.
Shareholders have cleared the way for Goldiam to raise up to Rs. 400 crore via QIP, which could lead to equity dilution depending on the issue price and final size. The near-unanimous promoter and institutional backing signals strong confidence in the fund-raising plan, though actual dilution impact will depend on the pricing and quantum of the eventual QIP issuance.