GYFTRBSEGyftr LtdLowNeutral
Announced Mon, 1 Dec · 17:20 IST

Postal Ballot-Scrutinizer Report along with Voting Result

Board & Shareholder Meetings View source PDF

GYFTR · price

Loading chart…

▲ 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

LKP Finance Limited (BSE: 507912) announced the results of its Postal Ballot conducted via remote e-voting between October 30 and November 28, 2025. Three resolutions were put to vote and all were passed with overwhelming majority — 99.3% in favour and just 0.7% against across all three items. The resolutions included a special resolution to alter the Memorandum of Association by adding a new object clause, and two ordinary resolutions approving material related-party transactions with Vouchagram India Private Limited and Mufinpay Payment Solutions Private Limited. Notably, only public non-institutional shareholders participated in the voting (2,38,923 votes out of 1.53 crore total shares, representing just 1.56% turnout), while promoters and institutional shareholders did not cast any votes. The Scrutinizer, Abhay Kumar of Abhay K & Associates, certified the results as fair and compliant.

Likely market impact

All three resolutions were approved comfortably, meaning the company can now expand its business objects and proceed with the related-party transactions with Vouchagram India and Mufinpay Payment Solutions. The very low voting turnout (1.56%) is typical for postal ballots and means promoter support was assured without needing to vote; minority shareholders effectively approved the measures with negligible dissent.