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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jindal Capital Limited conducted a postal ballot through remote e-voting from April 28, 2026 to May 27, 2026. The resolution to approve an increase in Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association was passed as an Ordinary Resolution. Out of 61 voters, 57 voted in favour representing 5,160,401 votes (99.99%), while 4 voters voted against with 431 votes (0.01%). The scrutinizer, CS Ankit Tiwari of A Tiwari & Associates, confirmed the resolution was approved with requisite majority. The result was declared on May 28, 2026.
The approved increase in authorised share capital gives the company flexibility to issue new shares in the future, which could potentially dilute existing shareholders' ownership. However, the overwhelming shareholder approval (99.99%) indicates strong support for the capital expansion plans.