We hereby submit the Scrutinizer Report & Voting Result for the EOGM held as on 06th March 2026 at 11:30 am, for your perusal and records.
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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.
JD Cables Ltd held an Extra-Ordinary General Meeting (EGM) on 6th March 2026 via video conferencing, where one special resolution was put to vote: changing the Main Object of the company and altering Object Clause III(A) of the Memorandum of Association. A total of 22,551,112 shares were eligible to vote, of which 16,152,789 shares (71.62%) were polled. The resolution passed with 97.64% votes in favor and only 2.35% against. Promoter and Promoter Group (holding 15,786,414 shares) voted 100% in favor, and Public Non-Institutions voted 100% in favor. However, Public Institutions voted overwhelmingly against the resolution, with 97.54% of their polled shares (380,800 out of 390,400) rejecting it. Only 5 members in total participated in the voting process.
The approval allows JD Cables to change its main business objective, which could signal a strategic pivot or entry into a new business line. While the resolution passed comfortably due to promoter backing, the strong opposition from public institutional shareholders (nearly all their polled votes against) may indicate concerns about the direction change and could weigh on stock sentiment.