Proceedings of Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Landmarc Leisure Corporation Ltd (Scrip Code: 532275) completed a postal ballot through e-voting, which ran from May 22, 2025 to June 20, 2025. Two items were put to shareholders: (1) issue of equity shares on a preferential basis, and (2) re-appointment of Mr. Mahadevan Ramanathan Kavassery (DIN: 07485859) as Whole-Time Director and CFO along with approval of his remuneration. A corrigendum to the original notice (dated May 20, 2025) was issued on June 20, 2025. M/s NVB & Associates acted as the Scrutinizer, while CDSL provided the e-voting platform. Voting results are scheduled to be declared on or before June 24, 2025.
The preferential equity share issue, if passed, will result in dilution for existing shareholders and may pressure the stock price depending on the issue price and identity of the allottee. The re-appointment of the existing Whole-Time Director and CFO is largely a routine governance matter. Investors should await the declared results on June 24 for the actual voting outcomes.