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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Icon Facilitators Limited has issued a Postal Ballot Notice seeking shareholder approval through remote e-voting for two key items. First, an Ordinary Resolution to approve a Related Party Transaction involving the purchase of immovable property (office premises) from Ms. Pooja Makhija, Director and Promoter of the Company, for Rs. 2.95 crore. The company currently rents these premises and the acquisition aims to eliminate recurring rental costs and strengthen the balance sheet. Second, a Special Resolution to alter the Object Clause of the Memorandum of Association to allow trading in movable properties such as spare parts, tools, equipment and components, ancillary to its existing technical and maintenance services business. The remote e-voting will be open from January 07, 2026 to February 05, 2026, with the cut-off date being January 02, 2026. Results will be announced on or before February 07, 2026.
For shareholders, the key point is the Rs. 2.95 crore property purchase from a promoter-related party, which will shift the company from renting to owning its office space, potentially improving long-term cost efficiency. The proposed expansion of business objects signals an intent to grow into trading of equipment and spares alongside existing services, which could open new revenue streams but also adds execution risk. The stock may see limited immediate price movement as both items are largely operational in nature.