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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Intec Capital Ltd conducted a Postal Ballot (e-voting from Feb 18 to Mar 19, 2026) where shareholders approved all three resolutions with overwhelming majority. Resolution 1 (Special): Appointment of Mr. Saurabh Sharma (DIN: 09263133) as an Independent Director passed with 99.9954% votes in favor. Resolution 2 (Ordinary): Conversion of interest-bearing unsecured loan from Mr. Sanjeev Goel into an interest-free loan passed with 99.9877% support. Resolution 3 (Ordinary): Allowing related party M/s Modern Credit Private Limited to participate in company auctions passed with 99.9871% support. Notably, promoters (holding ~71% of shares) abstained from voting on Resolutions 2 and 3 as they were interested parties, and only 22.45% of total outstanding equity voted on these two resolutions.
Mr. Saurabh Sharma joins the board as a new Independent Director. The conversion of Mr. Sanjeev Goel's (likely promoter) loan to interest-free effectively benefits the promoter at the cost of the company. Allowing related party Modern Credit Private Limited to bid in company auctions raises related-party transaction concerns. Low public shareholder participation (only ~22% voting on Resolutions 2 and 3) and promoter abstention are notable governance flags for minority shareholders to monitor.