Result of Postal Ballot
Price
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Awaiting price reaction for this filing.
International Data Management Ltd conducted a postal ballot seeking shareholder approval to reclassify Apollo Trading and Finance Private Limited from the 'Promoter' category to the 'Public' category under SEBI Regulation 31A. E-voting ran from October 10 to November 8, 2025, with results declared on November 10, 2025. Out of 22,00,000 total shares, 5,13,595 votes (23.35%) were polled, and the resolution passed with overwhelming support — 5,13,539 votes in favour (99.99%) versus just 56 votes against. The promoter group (holding 5,55,845 shares) abstained from voting entirely. No invalid votes were recorded.
Apollo Trading and Finance will now be classified as a public shareholder instead of a promoter, effectively shrinking the company's promoter group composition. This is typically an administrative reclassification (not a share sale) and is unlikely to materially move the stock price, but it changes how the promoter shareholding is reported going forward.