Postal Ballot-Scrutinizer''s Report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Intec Capital Ltd conducted a Postal Ballot via remote e-voting from May 1 to May 30, 2025, seeking shareholder approval to authorize its wholly-owned subsidiary Amulet Technologies Limited to avail loans from Mr. Sanjeev Goel as a material Related Party Transaction. The company had 2,115 shareholders on the cut-off date, with 18,366,250 total outstanding shares. Promoter/Promoter Group (holding 13,056,539 shares) and Public Institutions (178,483 shares) did not participate since promoters were interested in the resolution. Out of 5,131,228 shares held by Public Non-Institutions, 4,122,882 shares (80.35%) were polled. The resolution was passed with overwhelming support: 4,122,571 votes (99.99%) in favour and only 311 votes (0.0075%) against. The Scrutinizer confirmed the Ordinary Resolution was duly passed.
This is a routine regulatory compliance filing for an already-approved Related Party Transaction. With 99.99% approval from voting shareholders, there is no negative signal for retail investors — the resolution was a near-unanimous approval with negligible dissent.