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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.
International Data Management Ltd conducted a Postal Ballot to re-classify Apollo Trading and Finance Private Limited from the 'Promoter' category to the 'Public' category under SEBI's Regulation 31A. The voting period ran from 10th October to 8th November 2025, with results declared on 10th November 2025. Out of 17,116 total shareholders and 22,00,000 total shares, 5,13,595 shares (23.35% of outstanding shares) were polled through remote e-voting. The resolution was passed with 5,13,539 votes (99.99%) in favour and only 56 votes (0.01%) against. The promoter group (holding 5,55,845 shares) and public institutions did not participate in voting.
This re-classification removes Apollo Trading and Finance from the promoter group, reducing the effective promoter shareholding in the company. With minimal opposition (just 56 dissenting votes), the move was essentially uncontested and formalises Apollo Trading's exit from the promoter tag. For shareholders, this is a procedural housekeeping step rather than a value-moving event; it signals that Apollo Trading is no longer classified as part of the controlling group, though the exact post-reclassification promoter holding is not explicitly disclosed in this filing.