We are attaching herewith Voting Results along with the Scrutinizer''s Report of the Resolution passed by the Members of the Company through Postal Ballot
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Awaiting price reaction for this filing.
Kisan Mouldings Limited has secured shareholder approval through a postal ballot (conducted from November 1–30, 2025) for reclassifying certain members from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI Regulation 31A. The resolution was passed with 100% of polled votes (7,33,90,140 shares) in favor and zero against. The promoter and promoter group, holding 70.67% of total equity (8,44,22,720 shares), voted 86.85% of their holding entirely in favor of the reclassification. With 12,600 shareholders on record and the entire promoter group backing this move, the company's promoter shareholding is set to drop sharply post-reclassification.
This signals a major dilution of promoter stake — likely pushing the promoter holding well below the 50% mark — which could change control dynamics, reduce promoter influence, and expand the public float, potentially improving stock liquidity. Retail investors should watch for the updated shareholding pattern filing to understand the new promoter-public split.