INFOBEANNSEInfoBeans Technologies LimitedMinimalNeutral
Announced Mon, 23 Feb · 13:29 IST

InfoBeans Techno. Ltd. has submitted the Exchange a copy Srutinizers report of Postal Ballot

INFOBEAN · price

Loading chart…

▲ 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

InfoBeans Technologies Limited has submitted the scrutinizer's report for a postal ballot conducted via remote e-voting from 24th January 2026 to 22nd February 2026. Shareholders approved two key resolutions: (1) Increase in Authorized Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association, passed with 76,01,729 votes (100%) in favour; and (2) Issue of Bonus Equity Shares, passed with 75,81,529 votes (99.73%) in favour. Both resolutions were passed as ordinary resolutions with the requisite majority. A total of 56 members participated in the voting, representing 76,01,907 shares. No abstained or invalid votes were recorded.

Likely market impact

Shareholders have approved the issuance of bonus equity shares, which means existing shareholders will receive additional shares on a record date to be announced by the company. The increase in authorized capital supports the bonus issue. This is generally viewed positively as it rewards shareholders and signals confidence in the company's financial position.