Postal Ballot-Outcome of Postal Ballot.
GYFTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LKP Finance Limited (BSE: 507912) announced the results of its postal ballot conducted via remote e-voting between 21st January 2026 and 19th February 2026, with the cut-off date of 16th January 2026. Two ordinary resolutions were put to vote: (1) Alteration of the Capital Clause of the Memorandum of Association, and (2) Issue of Bonus Shares. Both resolutions passed with overwhelming shareholder approval, receiving 99.49% votes in favour (3,21,611 votes from 40 members) and only 0.51% against (1,650 votes from 1 member), with no invalid votes. The scrutinizer's report was issued by CS Abhay Kumar of Abhay K & Associates on 19th February 2026.
Shareholders have overwhelmingly approved the bonus share issue, which is generally viewed as a positive signal rewarding existing investors and improving share liquidity. The prior approval to alter the capital clause suggests the company is expanding its authorised share capital to facilitate the bonus issuance, meaning eligible shareholders can expect additional shares shortly.