Postal ballot: 3 special resolutions passed with about 95% approval

Board & Shareholder Meetings View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

-3.4%1-day move

₹41.40

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-3.4-3.7+0.1-3.4-7.4-3.4—-2.2——

Up moveDown movePending

AI summary

Inter State Oil Carrier Ltd shareholders approved all 3 special resolutions via postal ballot on 22 June 2026. The resolutions cover raising borrowing limits, creating charges on company assets, and increasing investment and loan limits. All passed with about 95.1% votes in favor. Promoters backed them fully (21.13 lakh shares) while public non-institutional holders voted nearly 99.25% against. Total turnout was 44.5% of shares.

Likely market impact

Resolutions cleared on promoter backing despite 99% public dissent. Company can now raise more debt and make larger investments or extend loans.