WAAREEINDONSEIndosolar LimitedMediumNeutral
Announced Fri, 20 Feb · 19:01 IST

Indosolar Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indosolar Limited has announced the results of its postal ballot that concluded on February 20, 2026. Both resolutions passed with overwhelming shareholder support of about 99.97%. The first resolution approved the appointment of Dr. Jignesh Devchandbhai Rathod (DIN: 11121448) as a Non-Executive, Non-Independent Director, with 31,265,284 votes in favour and only 8,063 against. The second, a special resolution, approved shifting the company's registered office from New Delhi (NCT of Delhi) to the State of Maharashtra along with a consequential amendment to the Memorandum of Association, with 31,265,085 votes in favour and 8,323 against. Around 31.27 million shares were polled, representing about 75.17% of total outstanding shares. The promoter and promoter group, holding 31,173,505 shares, voted 100% in favour of both resolutions. Puneet Motwani & Associates served as the scrutinizer for the remote e-voting process.

Likely market impact

Shareholders have approved a new director addition to the board and the relocation of the registered office from Delhi to Maharashtra, reflecting a corporate restructuring step. The near-unanimous approval and strong promoter backing suggest smooth governance progress with minimal market disruption expected.