Submission of Voting Results and Scrutinizer Report in respect of Postal Ballot Notice dated November 10, 2025.
INDORAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indo Rama Synthetics (India) Ltd has announced the results of its postal ballot process for approving material related party transactions with TPT Petrochemicals Public Co. Limited, Thailand for FY 2025-26. The e-voting period ran from November 18, 2025 to December 17, 2025, with CS Jaya Yadav of Jaya Yadav & Associates acting as the Scrutinizer. Out of 27,802 shareholders on the record date (November 14, 2025), 120 members voted in favour with 1,96,77,039 votes (99.9966%) while only 4 members voted against with 673 votes (0.0034%). The ordinary resolution was declared passed with overwhelming majority on December 17, 2025. Related parties did not vote on this resolution as per SEBI LODR Regulation 23(4).
The resolution was approved with near-unanimous shareholder support (over 99.99%), indicating strong investor confidence in the related party transactions with the Thailand-based parent/associate entity. No material stock price impact expected as this is a procedural compliance disclosure confirming an already-approved business arrangement.