Postal ballot result: Promoter group reclassification to public approved

Board & Shareholder Meetings View source PDF

INDIASHLTR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.1%1-day move

₹770.00

prior close

₹769.90

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.1-0.2——-0.1-1.2+0.4+2.4+2.3+1.1+5.9———

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AI summary

India Shelter Finance Corporation's postal ballot to reclassify promoter group individuals/entities to the public category passed with 99.9997% majority. Of 9.02 crore votes polled (82.93% of total shares), only 241 were against. Promoter and promoter group voted 100% in favor with 5.01 crore shares. Voting closed on June 24, 2026 across 58,316 eligible shareholders. The resolution is effective from June 24, 2026.

Likely market impact

Reclassification expands public shareholding base, may improve stock liquidity and free float. Resolution cleared with overwhelming shareholder support.