Outcome of Postal Ballot of Jaykay Enterprises Limited
JAYKAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jaykay Enterprises Limited has declared results of its postal ballot conducted via remote e-voting. All 13 ordinary resolutions seeking approval for Material Related Party Transactions for FY 2026-27 were passed with requisite majority (approximately 99.85% in favor). The transactions involve multiple group entities including JK Phillips LLP, Allen Reinforced Plastics Limited, Neumesh Labs Private Limited, JK Defence & Aerospace Limited, JK Digital & Advance Systems Private Limited, JK Technosoft Limited, JK Tech US Inc, and JK Tech UK Limited. Voting took place from April 24 to May 23, 2026, with 86,675 shareholders eligible. Total valid votes polled were approximately 5.7 million shares (4.38% of total shares), with public non-institutional shareholders providing most of the votes. Promoter group (holding ~84.9 million shares) did not participate in voting.
All related party transactions for FY 2026-27 have been approved, allowing Jaykay Enterprises to conduct business with its group entities as planned. The absence of promoter voting is notable and some minority shareholders expressed concerns (0.15% voted against), but overall passage with overwhelming majority provides clearance for these inter-company dealings.