Outcome of Postal Ballot.
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GTV Engineering Ltd sought shareholder approval via postal ballot (notice dated 9 Oct 2025) to increase its authorised share capital and alter the capital clause of the Memorandum of Association. Voting closed on 13 November 2025 and the scrutinizer, Ankur Chouksey (CS), confirmed the resolution was passed with requisite majority. Promoters, holding 2.79 crore shares, voted 100% in favour. Among public non-institutional holders, 4.53 lakh shares were polled with 99.99% in favour (only 60 shares against). Overall, 28,323,946 votes (99.9998%) were cast in favour out of 28,324,006 valid votes polled across 65 members.
The company has cleared a procedural hurdle to issue more equity shares in the future, potentially for fundraising, acquisitions, or a stock split. No new shares are issued yet, so there is no immediate dilution, but shareholders should watch for follow-up announcements on a fresh equity issuance.