Scrutinizer''s Report for Postal Ballot.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indian Sucrose Limited conducted a postal ballot for 10 resolutions, all of which were declared passed with requisite majority on April 20, 2026. Nine resolutions were ordinary resolutions to approve material related party transactions with various entities including Highlink Investment, Tiazo Trade, Yadu Sugar, Cosmos Industries, Yadu Resorts, Indian Green Revolution, Dharamputra Food Industries, and Highway King Transportation. One special resolution was to advance loans/guarantee/security under Section 185 of Companies Act. Additionally, an ordinary resolution to continue Mr. Jaitender Kumar as Director for 5 years was passed. For related party transactions (1-9), only public non-institutions voted (86.69% assent, 13.31% dissent), while for the director continuation (10), all shareholders including promoters voted with 100% assent.
All resolutions passed, allowing the company to continue and expand related party transactions. The significant minority dissent (13.31%) on related party transactions may attract regulatory scrutiny, and shareholders should monitor future disclosures on transaction values and terms.