Scrutinizer Report and Voting Results of Postal Ballot notice dated December 29, 2025.
Price
▲ 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 submitted on February 7, 2026 the results of a postal ballot concluded on February 5, 2026, with remote e-voting held between January 7 and February 5, 2026. Two resolutions were put to vote: (1) an Ordinary Resolution to approve a related party transaction, which passed with 87.06% of polled votes in favour (16,151 for vs 2,400 against), but on a very low turnout of just 0.24% of outstanding shares (18,551 of 78,59,600); and (2) a Special Resolution to alter the object clause of the Memorandum of Association, which passed with 99.98% in favour (55,27,449 for vs 1,200 against) on a 70.34% turnout. The promoter group holds 55,08,898 shares (about 70% of capital) and voted 100% in favour of both resolutions. The scrutinizer was Raghav Bansal of M/s Raghav Bansal & Associates, Company Secretaries.
Both resolutions are now deemed passed, giving the company approval for the related party transaction and expanded freedom to diversify its business activities by amending its object clause. The extremely low public turnout (0.24%) on the related party vote is a governance red flag that minority shareholders may note, even though the resolution technically passed.