Announced Fri, 26 Jun · 16:13 IST
Postal Ballot: IPO Proceeds Reallocation Approved Unanimously
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
GRE Renew Enertech's postal ballot on varying IPO proceeds utilisation passed with 100% approval. Total 1.12 crore shares voted in favour, zero against, representing 78.68% of outstanding shares. Promoters fully backed it with 1 crore shares. Public institutions polled 43.87% in favour; non-institutions 22.11%. Notice dated 25 May 2026, results declared 24 June 2026. No promoter interest declared in the resolution.
Likely market impact
Company now has shareholder approval to reallocate IPO funds as proposed; passed unanimously with no dissent, showing broad support.