Postal Ballot Scrutiniser Report
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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.
L.K. Mehta Polymers Ltd has concluded a postal ballot conducted entirely via e-voting from November 19 to December 19, 2025. The only item on the ballot was an Ordinary Resolution to approve Material Related Party Transactions between the company and M/s Kamlesh Industries. The resolution passed with 12 members holding 1,86,000 shares (6.86%) voting in favour and zero votes against. Promoter and promoter group members, being interested parties, were barred from voting — their 25,26,400 shares (93.14% of the votes cast) were treated as invalid. Scrutinizer Mr. Neelesh Gupta (NPG & Co., Practicing Company Secretaries) certified the results on December 20, 2025, and the resolution is deemed passed from December 19, 2025.
The approval greenlights material related party transactions with Kamlesh Industries, an entity linked to the promoter group. Worth flagging: the actual 'in favour' votes came from just 12 non-promoter shareholders holding only 1.86 lakh shares, so genuine retail participation in this approval was extremely thin.