Scrutinizer''s Report and Outcome of Postal Ballot
KAMAHOLD · price
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Kama Holdings Limited conducted a postal ballot through remote e-voting from March 8 to April 6, 2026. Shareholders approved a Special Resolution to reduce the Company's shareholding in SRF Limited, a material subsidiary, to fifty percent or more tranches. The resolution was passed overwhelmingly with 99.9692% votes in favour and only 0.0308% against out of 29,061,133 total votes cast. Promoter shareholders voted 99.84% in favour, institutional investors 98.21% in favour, and public shareholders voted 100% in favour. A total of 134 shareholders participated in the voting. The scrutinizer from Arvind Kohli & Associates confirmed the resolution was passed with the requisite majority as per the Companies Act, 2013.
The overwhelming approval signals strong shareholder backing for potential divestment or restructuring of the stake in SRF Limited, a material subsidiary. This corporate action may lead to reduction of Kama Holdings' control over SRF and could unlock value or reduce debt depending on the transaction structure. Investors should monitor for further announcements on the actual implementation of the stake reduction.